6, NORMAN WAY, BOGNOR REGIS, PO22 7TW - £484,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

6 NORMAN WAY is a midsized detached house of 109m², built sometime between 1991 and 1995. It was last sold for £484,000 in February 2023, which was around 14% below the average February 2023 detached price in the Arun local authority area. The most recent EPC inspection was October 2018, where the current energy rating was C, and the potential energy rating was B.

6 NORMAN WAY Sold Prices

Land registry data shows three sales for 6 NORMAN 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 6 NORMAN 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 10 FEB	£484,000	£563,994	14% below HPI
2005 28 OCT	£260,000	£287,011	9% below HPI
1998 8 JUL	£120,000	£126,683	5% below HPI

6 NORMAN 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 6 NORMAN WAY sales between July 1998 and February 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 October 2005 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the February 2023 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 6 NORMAN WAY?

6 NORMAN WAY is 109m² according to the EPC inspection conducted in October 2018. This puts it in the smallest 50% 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 6 NORMAN WAY lies on this distribution: 47% of detached houses are smaller than 6 NORMAN WAY, and 52% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

6 NORMAN WAY: Plot and Title Map

6 NORMAN WAY sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of 6 NORMAN 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 6 NORMAN 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 6 NORMAN WAY?

6 NORMAN WAY is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 6 on NORMAN WAY.