22, SEA WAY, ELMER, BOGNOR REGIS, PO22 6JY - £357,500

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

22 SEA WAY is a large extended detached house of 127m², built sometime between 1930 and 1949. It was last sold for £357,500 in November 2020, which was around 26% below the average November 2020 detached price in the Arun local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was C.

22 SEA WAY Sold Prices

Land registry data shows two sales for 22 SEA 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 22 SEA 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 24 NOV	£357,500	£482,191	26% below HPI
2002 8 JUL	£210,000	£220,773	5% below HPI

22 SEA 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 22 SEA WAY sales from July 2002 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 July 2002 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the November 2020 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 22 SEA WAY?

22 SEA WAY is 127m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the largest 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 22 SEA WAY lies on this distribution: 62% of detached houses are smaller than 22 SEA WAY, and 37% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

22 SEA WAY: Plot and Title Map

22 SEA WAY sits on a plot of roughly 0.072 of an acre, or 289m². The below map shows the location of 22 SEA 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 22 SEA 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 22 SEA WAY?

22 SEA WAY is located in ELMER, in the PO22 postcode district. The below map shows the position of No. 22 on SEA WAY.