2, REGENTS WAY, BOGNOR REGIS, PO21 5QN - £390,000

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 REGENTS WAY is a small extended detached house of 94m², built sometime between 1950 and 1966. It was last sold for £390,000 in November 2018, which was around 15% below the average November 2018 detached price in the Arun local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

2 REGENTS WAY Sold Prices

Land registry data shows five sales for 2 REGENTS WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Arun local authority area for the corresponding sale date. All of the five 2 REGENTS 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
2018 23 NOV	£390,000	£460,722	15% below HPI
2014 21 FEB	£315,000	£339,613	7% below HPI
2002 10 JUL	£179,950	£220,773	18% below HPI
2002 26 FEB	£158,950	£201,810	21% below HPI
1998 2 JUN	£79,950	£124,107	36% below HPI

2 REGENTS 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 five 2 REGENTS WAY sales between June 1998 and November 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 2014 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the November 2018 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 2 REGENTS WAY?

2 REGENTS WAY is 94m², which includes one extension, according to the EPC inspection conducted in March 2014. This puts it in the smallest 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 REGENTS WAY lies on this distribution: 32% of detached houses are smaller than 2 REGENTS WAY, and 67% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

2 REGENTS WAY: Plot and Title Map

2 REGENTS WAY sits on a plot of roughly 0.221 of an acre, or 896m². The below map shows the location of 2 REGENTS 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 REGENTS 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 REGENTS WAY?

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