2, GLENWAY, BOGNOR REGIS, PO22 8BU - £385,000

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

2 GLENWAY is a large detached house of 128m², built sometime between 1930 and 1949. It was last sold for £385,000 in February 2018, which was around 14% below the average February 2018 detached price in the Arun local authority area. The most recent EPC inspection was July 2015, where the current energy rating was E, and the potential energy rating was D.

2 GLENWAY Sold Prices

Land registry data shows two sales for 2 GLENWAY 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 2 GLENWAY 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
2018 21 FEB	£385,000	£449,920	14% below HPI
2003 26 FEB	£170,000	£258,036	34% below HPI

2 GLENWAY 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 2 GLENWAY sales from February 2003 and February 2018 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 February 2003 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the February 2018 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 2 GLENWAY?

2 GLENWAY is 128m² according to the EPC inspection conducted in July 2015. This puts it in the largest 40% 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 2 GLENWAY lies on this distribution: 63% of detached houses are smaller than 2 GLENWAY, and 36% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

2 GLENWAY: Plot and Title Map

2 GLENWAY sits on a plot of roughly 0.116 of an acre, or 470m². The below map shows the location of 2 GLENWAY, 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 2 GLENWAY). 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 2 GLENWAY?

2 GLENWAY is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 2 on GLENWAY.