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 WILLOW WAY is a very large extended detached house of 292m², built sometime between 1991 and 1995. It was last sold for £760,000 in March 2016, which was around 85% above the average March 2016 detached price in the Arun local authority area. The most recent EPC inspection was March 2015, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows three sales for 5 WILLOW WAY since 1st 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 WILLOW 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 |
---|---|---|---|
2016 4 MAR | £760,000 | £410,492 | 85% above HPI |
2004 30 SEP | £450,000 | £288,693 | 56% above HPI |
1995 24 OCT | £140,000 | £95,294 | 47% above HPI |
The below graph shows the average detached house price in the Arun local authority area over time, sourced from the HPI. The three 5 WILLOW WAY sales between October 1995 and March 2016 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 September 2004 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the March 2016 sale, where it rises to 85% above the HPI. The line then continues to track at 85% above the HPI.
5 WILLOW WAY is 292m², which includes two extensions, according to the EPC inspection conducted in March 2015. This puts it in the largest 10% 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 WILLOW WAY lies on this distribution: 99% of detached houses are smaller than 5 WILLOW WAY, and 1% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.
5 WILLOW WAY sits on a plot of roughly 0.183 of an acre, or 739m². The below map shows the location of 5 WILLOW 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 WILLOW 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.
5 WILLOW WAY is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 5 on WILLOW WAY.