39, NORMAN WAY, BOGNOR REGIS, PO22 7TW - £340,000

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

39 NORMAN WAY is a very small extended detached house of 81m², built sometime between 1996 and 2002. It was last sold for £340,000 in May 2019, which was around 25% below the average May 2019 detached price in the Arun local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was B.

39 NORMAN WAY Sold Prices

Land registry data shows three sales for 39 NORMAN 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 39 NORMAN 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
2019 10 MAY	£340,000	£454,807	25% below HPI
2001 22 NOV	£177,950	£201,580	12% below HPI
1998 28 MAR	£99,950	£118,162	15% below HPI

39 NORMAN 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 39 NORMAN WAY sales between March 1998 and May 2019 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 2001 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the May 2019 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 39 NORMAN WAY?

39 NORMAN WAY is 81m², which includes one extension, according to the EPC inspection conducted in July 2012. 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 39 NORMAN WAY lies on this distribution: 19% of detached houses are smaller than 39 NORMAN WAY, and 81% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

39 NORMAN WAY: Plot and Title Map

39 NORMAN WAY sits on a plot of roughly 0.054 of an acre, or 217m². The below map shows the location of 39 NORMAN 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 39 NORMAN 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 39 NORMAN WAY?

39 NORMAN WAY is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 39 on NORMAN WAY.