7, MALVERN WAY, BOGNOR REGIS, PO21 3JR - £240,000

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

7 MALVERN WAY is a very small semi-detached house of 78m², built sometime between 1967 and 1975. It was last sold for £240,000 in October 2015, which was around 39% below the average October 2015 detached price in the Arun local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was C.

7 MALVERN WAY Sold Prices

Land registry data shows three sales for 7 MALVERN 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 7 MALVERN 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
2015 27 OCT	£240,000	£394,663	39% below HPI
2005 16 SEP	£188,000	£287,062	35% below HPI
1997 15 AUG	£73,500	£112,825	35% below HPI

7 MALVERN 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 7 MALVERN WAY sales between August 1997 and October 2015 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 2005 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the October 2015 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 7 MALVERN WAY?

7 MALVERN WAY is 78m² according to the EPC inspection conducted in April 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 7 MALVERN WAY lies on this distribution: 16% of detached houses are smaller than 7 MALVERN WAY, and 83% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

7 MALVERN WAY: Plot and Title Map

7 MALVERN WAY sits on a plot of roughly 0.038 of an acre, or 153m². The below map shows the location of 7 MALVERN 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 7 MALVERN 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 7 MALVERN WAY?

7 MALVERN WAY is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 7 on MALVERN WAY.