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

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

19 MERLIN WAY is a small detached house of 88m², built sometime between 1976 and 1982. It was last sold for £308,000 in May 2017, which was around 28% 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	£425,507	28% below HPI
2014 10 SEP	£288,000	£365,612	21% 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 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the May 2017 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

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 in Bognor Regis, based on EPC data. The below chart shows the distribution of detached houses by size in Bognor Regis, and where 19 MERLIN WAY lies on this distribution: 26% of detached 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.