5, MEADOW WAY, ALDWICK, BOGNOR REGIS, PO21 4HG - £695,000

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

5 MEADOW WAY is a very large extended detached house of 165m², built sometime between 1950 and 1966. It was last sold for £695,000 in July 2017, which was around 60% above the average July 2017 detached price in the Arun local authority area. The most recent EPC inspection was March 2016, where the current energy rating was E, and the potential energy rating was B.

5 MEADOW WAY Sold Prices

Land registry data shows three sales for 5 MEADOW 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 5 MEADOW WAY sales were for above 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
2017 26 JUL	£695,000	£434,050	60% above HPI
2014 22 JAN	£499,999	£340,298	47% above HPI
2008 27 JUN	£435,000	£333,010	31% above HPI

5 MEADOW 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 5 MEADOW WAY sales between June 2008 and July 2017 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 January 2014 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the July 2017 sale, where it rises to 60% above the HPI. The line then continues to track at 60% above the HPI.

How Large is 5 MEADOW WAY?

5 MEADOW WAY is 165m², which includes one extension, according to the EPC inspection conducted in March 2016. This puts it in the largest 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 5 MEADOW WAY lies on this distribution: 83% of detached houses are smaller than 5 MEADOW WAY, and 16% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

5 MEADOW WAY: Plot and Title Map

5 MEADOW WAY sits on a plot of roughly 0.186 of an acre, or 754m². The below map shows the location of 5 MEADOW 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 5 MEADOW 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 5 MEADOW WAY?

5 MEADOW WAY is located in ALDWICK, in the PO21 postcode district. The below map shows the position of No. 5 on MEADOW WAY.