21, WAKEFIELD WAY, BOGNOR REGIS, PO21 3RS - £255,000

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

21 WAKEFIELD WAY is a very small detached house of 66m², built sometime between 2003 and 2006. It was last sold for £255,000 in February 2012, which was around 20% below the average February 2012 detached price in the Arun local authority area. The most recent EPC inspection was August 2011, where the current energy rating was C, and the potential energy rating was C.

21 WAKEFIELD WAY Sold Prices

Land registry data shows two sales for 21 WAKEFIELD WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Arun local authority area for the corresponding sale date. Both of the two 21 WAKEFIELD 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
2012 24 FEB	£255,000	£318,398	20% below HPI
2005 28 APR	£242,500	£283,641	15% below HPI

21 WAKEFIELD 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 two 21 WAKEFIELD WAY sales from April 2005 and February 2012 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 April 2005 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the February 2012 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 21 WAKEFIELD WAY?

21 WAKEFIELD WAY is 66m² according to the EPC inspection conducted in August 2011. This puts it in the smallest 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 21 WAKEFIELD WAY lies on this distribution: 6% of detached houses are smaller than 21 WAKEFIELD WAY, and 94% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

21 WAKEFIELD WAY: Plot and Title Map

21 WAKEFIELD WAY sits on a plot of roughly 0.117 of an acre, or 472m². The below map shows the location of 21 WAKEFIELD 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 21 WAKEFIELD 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 21 WAKEFIELD WAY?

21 WAKEFIELD WAY is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 21 on WAKEFIELD WAY.