4, SEA WAY, ELMER, BOGNOR REGIS, PO22 6JX - £335,000

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

4 SEA WAY is a large extended detached house of 138m², built sometime between 1950 and 1966. It was last sold for £335,000 in April 2014, which was around 2% below the average April 2014 detached price in the Arun local authority area. The most recent EPC inspection was November 2015, where the current energy rating was E, and the potential energy rating was C.

4 SEA WAY Sold Prices

Land registry data shows two sales for 4 SEA 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. One of the two 4 SEA WAY sales was for below the average price, whilst the other was roughly equal to 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
2014 10 APR	£335,000	£343,135	2% below HPI
1998 23 OCT	£130,500	£131,095	Close to HPI

4 SEA 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 SEA WAY sales from October 1998 and April 2014 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 October 1998 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the April 2014 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 4 SEA WAY?

4 SEA WAY is 138m², which includes one extension, according to the EPC inspection conducted in November 2015. This puts it in the largest 30% 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 SEA WAY lies on this distribution: 70% of detached houses are smaller than 4 SEA WAY, and 30% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

4 SEA WAY: Plot and Title Map

4 SEA WAY sits on a plot of roughly 0.113 of an acre, or 456m². The below map shows the location of 4 SEA 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 SEA 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 SEA WAY?

4 SEA WAY is located in ELMER, in the PO22 postcode district. The below map shows the position of No. 4 on SEA WAY.