42, SOUTH WAY, BOGNOR REGIS, PO21 5EY - £285,000

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

42 SOUTH WAY is a large detached house of 150m², built sometime between 1930 and 1949. It was last sold for £285,000 in July 2015, which was around 27% below the average July 2015 detached price in the Arun local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was C.

42 SOUTH WAY Sold Prices

Land registry data shows five sales for 42 SOUTH WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Arun local authority area for the corresponding sale date. All of the five 42 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
2015 31 JUL	£285,000	£388,324	27% below HPI
2004 27 AUG	£187,000	£287,622	35% below HPI
2003 2 DEC	£175,000	£265,895	34% below HPI
2002 25 JAN	£133,500	£202,071	34% below HPI
1999 25 JAN	£85,500	£131,507	35% below HPI

42 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 five 42 SOUTH WAY sales between January 1999 and July 2015 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 August 2004 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the July 2015 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 42 SOUTH WAY?

42 SOUTH WAY is 150m² according to the EPC inspection conducted in June 2018. 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 42 SOUTH WAY lies on this distribution: 78% of detached houses are smaller than 42 SOUTH WAY, and 22% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

42 SOUTH WAY: Plot and Title Map

42 SOUTH WAY sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of 42 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 42 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 42 SOUTH WAY?

42 SOUTH WAY is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 42 on SOUTH WAY.