61, ADDISON WAY, BOGNOR REGIS, PO22 9HZ - £177,000

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

61 ADDISON WAY is a very small extended detached house of 82m², built sometime between 1967 and 1975. It was last sold for £177,000 in August 2006, which was around 41% below the average August 2006 detached price in the Arun local authority area. The most recent EPC inspection was February 2015, where the current energy rating was C, and the potential energy rating was B.

61 ADDISON WAY Sold Prices

Land registry data shows two sales for 61 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 61 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
2006 21 AUG	£177,000	£300,465	41% below HPI
1999 27 JUL	£79,500	£136,280	42% below HPI

61 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 61 ADDISON WAY sales from July 1999 and August 2006 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 July 1999 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the August 2006 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 61 ADDISON WAY?

61 ADDISON WAY is 82m², which includes one extension, according to the EPC inspection conducted in February 2015. 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 61 ADDISON WAY lies on this distribution: 20% of detached houses are smaller than 61 ADDISON WAY, and 79% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

61 ADDISON WAY: Plot and Title Map

61 ADDISON WAY sits on a plot of roughly 0.128 of an acre, or 518m². The below map shows the location of 61 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 61 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 61 ADDISON WAY?

61 ADDISON WAY is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 61 on ADDISON WAY.