37, ADDISON WAY, BOGNOR REGIS, PO22 9HY - £260,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

37 ADDISON WAY is a very small detached house of 51m², built sometime between 1976 and 1982. It was last sold for £260,000 in August 2017, which was around 41% below the average August 2017 detached price in the Arun local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

37 ADDISON WAY Sold Prices

Land registry data shows three sales for 37 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 37 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
2017 18 AUG	£260,000	£437,936	41% below HPI
2004 21 SEP	£184,950	£288,693	36% below HPI
2003 21 OCT	£170,000	£265,133	36% below HPI

37 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 37 ADDISON WAY sales between October 2003 and August 2017 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 2004 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the August 2017 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 37 ADDISON WAY?

37 ADDISON WAY is 51m² according to the EPC inspection conducted in February 2016. 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 37 ADDISON WAY lies on this distribution: 1% of detached houses are smaller than 37 ADDISON WAY, and 99% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

37 ADDISON WAY: Plot and Title Map

37 ADDISON WAY sits on a plot of roughly 0.095 of an acre, or 383m². The below map shows the location of 37 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 37 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 37 ADDISON WAY?

37 ADDISON WAY is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 37 on ADDISON WAY.