4, PRIESTLEY WAY, BOGNOR REGIS, PO22 6QY - £235,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

4 PRIESTLEY WAY is a midsized extended detached house of 108m², built sometime between 1976 and 1982. It was last sold for £235,000 in December 2008, which was around 20% below the average December 2008 detached price in the Arun local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was C.

4 PRIESTLEY WAY Sold Prices

Land registry data shows three sales for 4 PRIESTLEY 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 4 PRIESTLEY 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
2008 17 DEC	£235,000	£292,570	20% below HPI
2002 28 FEB	£161,500	£201,810	20% below HPI
1998 15 JAN	£96,000	£117,666	18% below HPI

4 PRIESTLEY 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 4 PRIESTLEY WAY sales between January 1998 and December 2008 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 2002 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the December 2008 sale, which was also at 20% below the HPI.

How Large is 4 PRIESTLEY WAY?

4 PRIESTLEY WAY is 108m², which includes one extension, according to the EPC inspection conducted in October 2008. This puts it in the smallest 50% 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 4 PRIESTLEY WAY lies on this distribution: 46% of detached houses are smaller than 4 PRIESTLEY WAY, and 54% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

4 PRIESTLEY WAY: Plot and Title Map

4 PRIESTLEY WAY sits on a plot of roughly 0.100 of an acre, or 404m². The below map shows the location of 4 PRIESTLEY 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 PRIESTLEY 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 PRIESTLEY WAY?

4 PRIESTLEY WAY is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 4 on PRIESTLEY WAY.