32, ADDISON WAY, BOGNOR REGIS, PO22 9HY - £287,500

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

32 ADDISON WAY is a very small detached house of 52m², built sometime between 1976 and 1982. It was last sold for £287,500 in June 2021, which was around 42% below the average June 2021 detached price in the Arun local authority area. The most recent EPC inspection was March 2021, where the current energy rating was D, and the potential energy rating was B.

32 ADDISON WAY Sold Prices

Land registry data shows three sales for 32 ADDISON WAY 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 32 ADDISON 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
2021 18 JUN	£287,500	£497,497	42% below HPI
2011 3 OCT	£165,000	£318,009	48% below HPI
2010 25 OCT	£128,000	£321,605	60% below HPI

32 ADDISON 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 three 32 ADDISON WAY sales between October 2010 and June 2021 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 October 2011 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the June 2021 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 32 ADDISON WAY?

32 ADDISON WAY is 52m² according to the EPC inspection conducted in March 2021. 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 32 ADDISON WAY lies on this distribution: 1% of detached houses are smaller than 32 ADDISON WAY, and 99% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

32 ADDISON WAY: Plot and Title Map

32 ADDISON WAY sits on a plot of roughly 0.098 of an acre, or 397m². The below map shows the location of 32 ADDISON 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 32 ADDISON 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 32 ADDISON WAY?

32 ADDISON WAY is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 32 on ADDISON WAY.