19, MERLIN WAY, BOGNOR REGIS, PO22 6RN - £308,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

19 MERLIN WAY is a small detached house of 88m², built sometime between 1976 and 1982, which could now be worth an estimated £400,988. It was last sold for £308,000 in May 2017, which was around 30% below the average May 2017 detached price in the Arun local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

19 MERLIN WAY Sold Prices

Land registry data shows two sales for 19 MERLIN WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Arun local authority area for the corresponding sale date. Both of the two 19 MERLIN WAY sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 24 MAY	£308,000	£441,433	30% below HPI
2014 10 SEP	£288,000	£379,297	24% below HPI

19 MERLIN WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Arun local authority area over time, sourced from the HPI. The two 19 MERLIN WAY sales from September 2014 and May 2017 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the September 2014 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the May 2017 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 19 MERLIN WAY be worth now?

19 MERLIN WAY might now be worth an estimated £400,988.

This is based on house price inflation of 30.2%, between May 2017 and February 2025, for detached houses, in the Arun local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 30.2% inflationary increase is applied to the most recent sale price for 19 MERLIN WAY of £308,000 on 24th May 2017. For the value to have increased from £308,000 to £400,988 over the eight years and three months to February 2025, the following assumptions must hold true:

• The value of 19 MERLIN WAY has moved in line with the HPI for detached houses in the Arun local authority area.
• The May 2017 sale price of £308,000 represented a fair market value for the property.
• The size, condition, and specification of 19 MERLIN WAY has not materially changed since May 2017.

How Large is 19 MERLIN WAY?

19 MERLIN WAY is 88m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 30% of detached houses houses in Bognor Regis, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bognor Regis, and where 19 MERLIN WAY lies on this distribution: 26% of detached houses houses are smaller than 19 MERLIN WAY, and 73% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

19 MERLIN WAY: Plot and Title Map

19 MERLIN WAY sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 19 MERLIN WAY, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 19 MERLIN WAY). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 19 MERLIN WAY?

19 MERLIN WAY is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 19 on MERLIN WAY.