59, ADDISON WAY, BOGNOR REGIS, PO22 9HZ - £262,000

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

59 ADDISON WAY is a very small detached house of 53m², built sometime between 1983 and 1990. It was last sold for £262,000 in September 2016, which was around 38% below the average September 2016 detached price in the Arun local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was B.

59 ADDISON WAY Sold Prices

Land registry data shows two sales for 59 ADDISON WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Arun local authority area for the corresponding sale date. Both of the two 59 ADDISON 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
2016 9 SEP	£262,000	£425,526	38% below HPI
2013 30 AUG	£172,000	£338,782	49% below HPI

59 ADDISON 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 two 59 ADDISON WAY sales from August 2013 and September 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 August 2013 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the September 2016 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 59 ADDISON WAY?

59 ADDISON WAY is 53m² according to the EPC inspection conducted in February 2013. This puts it in the smallest 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 59 ADDISON WAY lies on this distribution: 1% of detached houses are smaller than 59 ADDISON WAY, and 99% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

59 ADDISON WAY: Plot and Title Map

59 ADDISON WAY sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of 59 ADDISON 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 59 ADDISON 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 59 ADDISON WAY?

59 ADDISON WAY is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 59 on ADDISON WAY.