2, MEADEN WAY, FELPHAM, BOGNOR REGIS, PO22 8FJ - £230,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 MEADEN WAY is a very small detached house of 62m². It was last sold for £230,000 in February 2021, which was around 52% below the average February 2021 detached price in the Arun local authority area. The most recent EPC inspection was November 2013, where the current energy rating was C, and the potential energy rating was C.

2 MEADEN WAY Sold Prices

Land registry data shows three sales for 2 MEADEN WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Arun local authority area for the corresponding sale date. All of the three 2 MEADEN 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
2021 5 FEB	£230,000	£481,388	52% below HPI
2020 30 OCT	£235,000	£474,576	50% below HPI
2013 29 NOV	£194,950	£344,170	43% below HPI

2 MEADEN 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 three 2 MEADEN WAY sales between November 2013 and February 2021 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 October 2020 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the February 2021 sale, where it falls to 52% below the HPI. The line then continues to track at 52% below the HPI.

How Large is 2 MEADEN WAY?

2 MEADEN WAY is 62m² according to the EPC inspection conducted in November 2013. This puts it in the smallest 10% 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 MEADEN WAY lies on this distribution: 3% of detached houses are smaller than 2 MEADEN WAY, and 96% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

2 MEADEN WAY: Plot and Title Map

2 MEADEN WAY sits on a plot of roughly 0.039 of an acre, or 158m². The below map shows the location of 2 MEADEN 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 2 MEADEN 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 2 MEADEN WAY?

2 MEADEN WAY is located in FELPHAM, in the PO22 postcode district. The below map shows the position of No. 2 on MEADEN WAY.