5, ROCHESTER WAY, BOGNOR REGIS, PO21 3RD - £395,000

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 ROCHESTER WAY is a very small detached house of 76m², built sometime between 1967 and 1975. It was last sold for £395,000 in September 2023, which was around 29% below the average September 2023 detached price in the Arun local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was B.

5 ROCHESTER WAY Sold Prices

Land registry data shows three sales for 5 ROCHESTER 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 ROCHESTER 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
2023 29 SEP	£395,000	£555,568	29% below HPI
2006 2 JUN	£239,950	£292,463	18% below HPI
2000 21 DEC	£135,000	£175,983	23% below HPI

5 ROCHESTER 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 ROCHESTER WAY sales between December 2000 and September 2023 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 June 2006 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the September 2023 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 5 ROCHESTER WAY?

5 ROCHESTER WAY is 76m² according to the EPC inspection conducted in June 2023. This puts it in the smallest 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 ROCHESTER WAY lies on this distribution: 13% of detached houses are smaller than 5 ROCHESTER WAY, and 86% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

5 ROCHESTER WAY: Plot and Title Map

5 ROCHESTER WAY sits on a plot of roughly 0.102 of an acre, or 415m². The below map shows the location of 5 ROCHESTER 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 ROCHESTER 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 ROCHESTER WAY?

5 ROCHESTER WAY is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 5 on ROCHESTER WAY.