2, PARKWAY, BOGNOR REGIS, PO21 2XP - £560,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

2 PARKWAY is a large extended semi-detached house of 136m², built sometime between 1900 and 1929. It was last sold for £560,000 in June 2021, which was around 13% above the average June 2021 detached price in the Arun local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was C.

2 PARKWAY Sold Prices

Land registry data shows three sales for 2 PARKWAY 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. Two of the three 2 PARKWAY sales were for above the average price, whilst one was 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 9 JUN	£560,000	£497,497	13% above HPI
2013 3 JUL	£400,000	£331,822	21% above HPI
2009 21 DEC	£300,000	£306,768	2% below HPI

2 PARKWAY 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 PARKWAY sales between December 2009 and June 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 July 2013 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the June 2021 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 2 PARKWAY?

2 PARKWAY is 136m², which includes two extensions, according to the EPC inspection conducted in February 2013. 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 PARKWAY lies on this distribution: 68% of detached houses are smaller than 2 PARKWAY, and 31% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

2 PARKWAY: Plot and Title Map

2 PARKWAY sits on a plot of roughly 0.166 of an acre, or 672m². The below map shows the location of 2 PARKWAY, 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 PARKWAY). 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 PARKWAY?

2 PARKWAY is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 2 on PARKWAY.