2, THE BYEWAY, ALDWICK, BOGNOR REGIS, PO21 4ER - £2,400,000

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 THE BYEWAY is a very large extended property of 397m², built sometime between 1930 and 1949. It was last sold for £2,400,000 in June 2023, which was around 340% above the average June 2023 detached price in the Arun local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was C.

2 THE BYEWAY Sold Prices

Land registry data shows five sales for 2 THE BYEWAY 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 THE BYEWAY sales were for above 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
2023 30 JUN	£2,400,000	£544,843	340% above HPI
2020 2 DEC	£2,325,000	£484,042	380% above HPI
2009 1 DEC	£1,100,000	£306,768	259% above HPI
2002 28 MAR	£650,000	£200,482	224% above HPI
1996 29 NOV	£345,000	£101,195	241% above HPI

2 THE BYEWAY 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 THE BYEWAY sales between November 1996 and June 2023 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 December 2020 sale was for 380% above the HPI. So the extrapolation line tracks at 380% above the HPI over time, until the June 2023 sale, where it falls to 340% above the HPI. The line then continues to track at 340% above the HPI.

How Large is 2 THE BYEWAY?

2 THE BYEWAY is 397m², which includes four extensions, according to the EPC inspection conducted in July 2020. This puts it in the largest 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 THE BYEWAY lies on this distribution: More than 99% of detached houses are smaller than 2 THE BYEWAY, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

2 THE BYEWAY: Plot and Title Map

2 THE BYEWAY sits on a plot of roughly 0.427 of an acre, or 1,730m². The below map shows the location of 2 THE BYEWAY, 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 THE BYEWAY). 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 THE BYEWAY?

2 THE BYEWAY is located in ALDWICK, in the PO21 postcode district. The below map shows the position of No. 2 on THE BYEWAY.