38, SOUTH WAY, BOGNOR REGIS, PO21 5EY - £180,000

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

38 SOUTH WAY is a very small detached house of 73m², built sometime between 1930 and 1949. It was last sold for £180,000 in November 2011, which was around 43% below the average November 2011 detached price in the Arun local authority area. The most recent EPC inspection was December 2009, where the current energy rating was D, and the potential energy rating was D.

38 SOUTH WAY Sold Prices

Land registry data shows two sales for 38 SOUTH WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Arun local authority area for the corresponding sale date. Both of the two 38 SOUTH 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
2011 18 NOV	£180,000	£315,195	43% below HPI
2004 5 NOV	£184,000	£288,556	36% below HPI

38 SOUTH 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 two 38 SOUTH WAY sales from November 2004 and November 2011 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 November 2004 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the November 2011 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 38 SOUTH WAY?

38 SOUTH WAY is 73m² according to the EPC inspection conducted in December 2009. This puts it in the smallest 20% 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 38 SOUTH WAY lies on this distribution: 11% of detached houses are smaller than 38 SOUTH WAY, and 89% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

38 SOUTH WAY: Plot and Title Map

38 SOUTH WAY sits on a plot of roughly 0.079 of an acre, or 320m². The below map shows the location of 38 SOUTH 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 38 SOUTH 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 38 SOUTH WAY?

38 SOUTH WAY is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 38 on SOUTH WAY.