4, PILGRIMS WAY, BOGNOR REGIS, PO21 3LF - £415,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

4 PILGRIMS WAY is a small extended detached house of 99m², built sometime between 1983 and 1990, which could now be worth an estimated £434,606. It was last sold for £415,000 in May 2024, which was around 24% below the average May 2024 detached price in the Arun local authority area. The most recent EPC inspection was February 2023, where the current energy rating was C, and the potential energy rating was B.

4 PILGRIMS WAY Sold Prices

Land registry data shows two sales for 4 PILGRIMS 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 4 PILGRIMS 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
2024 3 MAY	£415,000	£548,780	24% below HPI
2010 12 FEB	£245,000	£330,726	26% below HPI

4 PILGRIMS 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 4 PILGRIMS WAY sales from February 2010 and May 2024 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 February 2010 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the May 2024 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 4 PILGRIMS WAY be worth now?

4 PILGRIMS WAY might now be worth an estimated £434,606.

This is based on house price inflation of 4.7%, between May 2024 and February 2025, for detached houses, in the Arun local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4.7% inflationary increase is applied to the most recent sale price for 4 PILGRIMS WAY of £415,000 on 3rd May 2024. For the value to have increased from £415,000 to £434,606 over the one year and three months to February 2025, the following assumptions must hold true:

• The value of 4 PILGRIMS WAY has moved in line with the HPI for detached houses in the Arun local authority area.
• The May 2024 sale price of £415,000 represented a fair market value for the property.
• The size, condition, and specification of 4 PILGRIMS WAY has not materially changed since May 2024.

How Large is 4 PILGRIMS WAY?

4 PILGRIMS WAY is 99m², which includes three extensions, according to the EPC inspection conducted in February 2023. This puts it in the smallest 40% of detached houses houses in Bognor Regis, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bognor Regis, and where 4 PILGRIMS WAY lies on this distribution: 38% of detached houses houses are smaller than 4 PILGRIMS WAY, and 62% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

4 PILGRIMS WAY: Plot and Title Map

4 PILGRIMS WAY sits on a plot of roughly 0.102 of an acre, or 412m². The below map shows the location of 4 PILGRIMS 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 4 PILGRIMS 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 4 PILGRIMS WAY?

4 PILGRIMS WAY is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 4 on PILGRIMS WAY.