2A, GREENWAYS, PAGHAM, BOGNOR REGIS, PO21 4QE - £363,500

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

2A GREENWAYS is a very small detached house of 67m², built sometime between 1996 and 2002. It was last sold for £363,500 in December 2023, which was around 33% below the average December 2023 detached price in the Arun local authority area. The most recent EPC inspection was August 2023, where the current energy rating was C, and the potential energy rating was B.

2A GREENWAYS Sold Prices

Land registry data shows three sales for 2A GREENWAYS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Arun local authority area for the corresponding sale date. All of the three 2A GREENWAYS 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
2023 13 DEC	£363,500	£541,691	33% below HPI
2006 29 JUN	£245,000	£292,463	16% below HPI
2003 16 APR	£230,000	£252,713	9% below HPI

2A GREENWAYS 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 three 2A GREENWAYS sales between April 2003 and December 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 June 2006 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the December 2023 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 2A GREENWAYS?

2A GREENWAYS is 67m² according to the EPC inspection conducted in August 2023. 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 2A GREENWAYS lies on this distribution: 6% of detached houses are smaller than 2A GREENWAYS, and 93% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

2A GREENWAYS: Plot and Title Map

2A GREENWAYS sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of 2A GREENWAYS, 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 2A GREENWAYS). 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 2A GREENWAYS?

2A GREENWAYS is located in PAGHAM, in the PO21 postcode district. The below map shows the position of No. 2A on GREENWAYS.