33, ADDISON WAY, BOGNOR REGIS, PO22 9HY - £302,500

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

33 ADDISON WAY is a very small detached house of 52m², built sometime between 1967 and 1975. It was last sold for £302,500 in April 2021, which was around 38% below the average April 2021 detached price in the Arun local authority area. The most recent EPC inspection was December 2018, where the current energy rating was D, and the potential energy rating was B.

33 ADDISON WAY Sold Prices

Land registry data shows six sales for 33 ADDISON WAY since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Arun local authority area for the corresponding sale date. All of the six 33 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 9 APR	£302,500	£484,339	38% below HPI
2019 2 MAY	£250,000	£454,807	45% below HPI
2007 22 JUN	£224,000	£329,872	32% below HPI
2002 25 OCT	£147,500	£238,808	38% below HPI
2001 18 OCT	£105,000	£199,099	47% below HPI
1997 15 JAN	£58,500	£102,907	43% below HPI

33 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 six 33 ADDISON WAY sales between January 1997 and April 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 May 2019 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the April 2021 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 33 ADDISON WAY?

33 ADDISON WAY is 52m² according to the EPC inspection conducted in December 2018. 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 33 ADDISON WAY lies on this distribution: 1% of detached houses are smaller than 33 ADDISON WAY, and 99% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

33 ADDISON WAY: Plot and Title Map

33 ADDISON WAY sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of 33 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 33 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 33 ADDISON WAY?

33 ADDISON WAY is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 33 on ADDISON WAY.