20, MERLIN WAY, BOGNOR REGIS, PO22 6RN - £240,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

20 MERLIN WAY is a very small extended semi-detached house of 71m², built sometime between 1983 and 1990, which could now be worth an estimated £278,743. It was last sold for £240,000 in November 2020, which was around 23% below the average November 2020 semi-detached price in the Arun local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was B.

20 MERLIN WAY Sold Prices

Land registry data shows four sales for 20 MERLIN WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Arun local authority area for the corresponding sale date. All of the four 20 MERLIN 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
2020 2 NOV	£240,000	£311,672	23% below HPI
2008 13 MAR	£195,000	£227,158	14% below HPI
2002 2 APR	£107,000	£126,412	15% below HPI
1999 7 JUL	£69,500	£84,689	18% below HPI

20 MERLIN WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Arun local authority area over time, sourced from the HPI. The four 20 MERLIN WAY sales between July 1999 and November 2020 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 March 2008 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the November 2020 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 20 MERLIN WAY be worth now?

20 MERLIN WAY might now be worth an estimated £278,743.

This is based on house price inflation of 16.1%, between November 2020 and February 2025, for semi-detached houses, in the Arun local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.1% inflationary increase is applied to the most recent sale price for 20 MERLIN WAY of £240,000 on 2nd November 2020. For the value to have increased from £240,000 to £278,743 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 20 MERLIN WAY has moved in line with the HPI for semi-detached houses in the Arun local authority area.
• The November 2020 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 20 MERLIN WAY has not materially changed since November 2020.

How Large is 20 MERLIN WAY?

20 MERLIN WAY is 71m², which includes one extension, according to the EPC inspection conducted in February 2018. This puts it in the smallest 10% of semi-detached houses houses in Bognor Regis, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Bognor Regis, and where 20 MERLIN WAY lies on this distribution: 9% of semi-detached houses houses are smaller than 20 MERLIN WAY, and 91% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

20 MERLIN WAY: Plot and Title Map

20 MERLIN WAY sits on a plot of roughly 0.039 of an acre, or 156m². The below map shows the location of 20 MERLIN 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 20 MERLIN 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 20 MERLIN WAY?

20 MERLIN WAY is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 20 on MERLIN WAY.