2, PEMBROKE WAY, BOGNOR REGIS, PO21 5PU - £380,000

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 PEMBROKE WAY is a midsized extended detached house of 121m², built sometime between 1950 and 1966. It was last sold for £380,000 in December 2017, which was around 15% below the average December 2017 detached price in the Arun local authority area. The most recent EPC inspection was May 2014, where the current energy rating was C, and the potential energy rating was B.

2 PEMBROKE WAY Sold Prices

Land registry data shows three sales for 2 PEMBROKE 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 PEMBROKE 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 20 DEC	£380,000	£446,701	15% below HPI
2002 5 AUG	£158,000	£227,212	30% below HPI
1999 16 AUG	£89,950	£140,147	36% below HPI

2 PEMBROKE 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 PEMBROKE WAY sales between August 1999 and December 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 August 2002 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the December 2017 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 2 PEMBROKE WAY?

2 PEMBROKE WAY is 121m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the largest 50% 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 PEMBROKE WAY lies on this distribution: 58% of detached houses are smaller than 2 PEMBROKE WAY, and 42% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

2 PEMBROKE WAY: Plot and Title Map

2 PEMBROKE WAY sits on a plot of roughly 0.244 of an acre, or 988m². The below map shows the location of 2 PEMBROKE 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 PEMBROKE 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 PEMBROKE WAY?

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