54, WAKEFIELD WAY, BOGNOR REGIS, PO21 3RS - £336,000

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

54 WAKEFIELD WAY is a very small detached house of 77m², built sometime between 1976 and 1982. It was last sold for £336,000 in March 2017, which was around 22% below the average March 2017 detached price in the Arun local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was B.

54 WAKEFIELD WAY Sold Prices

Land registry data shows three sales for 54 WAKEFIELD 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 54 WAKEFIELD 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
2017 24 MAR	£336,000	£431,391	22% below HPI
2007 16 FEB	£268,000	£315,334	15% below HPI
2005 15 JUN	£215,000	£282,191	24% below HPI

54 WAKEFIELD 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 54 WAKEFIELD WAY sales between June 2005 and March 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 February 2007 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the March 2017 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 54 WAKEFIELD WAY?

54 WAKEFIELD WAY is 77m² according to the EPC inspection conducted in April 2012. 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 54 WAKEFIELD WAY lies on this distribution: 14% of detached houses are smaller than 54 WAKEFIELD WAY, and 85% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

54 WAKEFIELD WAY: Plot and Title Map

54 WAKEFIELD WAY sits on a plot of roughly 0.118 of an acre, or 476m². The below map shows the location of 54 WAKEFIELD 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 54 WAKEFIELD 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 54 WAKEFIELD WAY?

54 WAKEFIELD WAY is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 54 on WAKEFIELD WAY.