3, STIRLING WAY, BOGNOR REGIS, PO21 4PN - £595,000

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

3 STIRLING WAY is a midsized extended detached house of 111m², built sometime between 1967 and 1975. It was last sold for £595,000 in August 2024, which was around 8% above the average August 2024 detached price in the Arun local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was B.

3 STIRLING WAY Sold Prices

Land registry data shows four sales for 3 STIRLING WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Arun local authority area for the corresponding sale date. two of the four 3 STIRLING WAY sales were for above the average price, and four 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
2024 21 AUG	£595,000	£549,551	8% above HPI
2019 27 SEP	£352,500	£456,001	23% below HPI
2019 16 APR	£370,000	£452,722	18% below HPI
1996 2 DEC	£114,950	£102,432	12% above HPI

3 STIRLING 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 four 3 STIRLING WAY sales between December 1996 and August 2024 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 September 2019 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the August 2024 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 3 STIRLING WAY?

3 STIRLING WAY is 111m², which includes two extensions, according to the EPC inspection conducted in July 2022. 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 3 STIRLING WAY lies on this distribution: 49% of detached houses are smaller than 3 STIRLING WAY, and 50% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

3 STIRLING WAY: Plot and Title Map

3 STIRLING WAY sits on a plot of roughly 0.122 of an acre, or 496m². The below map shows the location of 3 STIRLING 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 3 STIRLING 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 3 STIRLING WAY?

3 STIRLING WAY is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 3 on STIRLING WAY.