24, NORTH WAY, BOGNOR REGIS, PO22 7BT - £340,000

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

24 NORTH WAY is a midsized detached house of 109m², built sometime between 1950 and 1966. It was last sold for £340,000 in March 2018, which was around 24% below the average March 2018 detached price in the Arun local authority area. The most recent EPC inspection was January 2018, where the current energy rating was E, and the potential energy rating was B.

24 NORTH WAY Sold Prices

Land registry data shows two sales for 24 NORTH 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 24 NORTH 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 28 MAR	£340,000	£448,033	24% below HPI
1997 30 APR	£80,000	£104,358	23% below HPI

24 NORTH 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 24 NORTH WAY sales from April 1997 and March 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 April 1997 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the March 2018 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 24 NORTH WAY?

24 NORTH WAY is 109m² according to the EPC inspection conducted in January 2018. This puts it in the smallest 50% 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 24 NORTH WAY lies on this distribution: 47% of detached houses are smaller than 24 NORTH WAY, and 52% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

24 NORTH WAY: Plot and Title Map

24 NORTH WAY sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of 24 NORTH 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 24 NORTH 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 24 NORTH WAY?

24 NORTH WAY is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 24 on NORTH WAY.