7, MARQUIS WAY, BOGNOR REGIS, PO21 4AT - £562,000

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 MARQUIS WAY is a large detached house of 144m², built sometime between 1996 and 2002. It was last sold for £562,000 in May 2015, which was around 45% above the average May 2015 detached price in the Arun local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was C.

7 MARQUIS WAY Sold Prices

Land registry data shows three sales for 7 MARQUIS 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 MARQUIS WAY sales were for above 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 1 MAY	£562,000	£386,324	45% above HPI
2003 20 JAN	£345,000	£252,416	37% above HPI
1995 3 NOV	£161,950	£93,802	73% above HPI

7 MARQUIS 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 MARQUIS WAY sales between November 1995 and May 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 January 2003 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the May 2015 sale, where it rises to 45% above the HPI. The line then continues to track at 45% above the HPI.

How Large is 7 MARQUIS WAY?

7 MARQUIS WAY is 144m² according to the EPC inspection conducted in July 2014. This puts it in the largest 30% 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 MARQUIS WAY lies on this distribution: 73% of detached houses are smaller than 7 MARQUIS WAY, and 26% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

7 MARQUIS WAY: Plot and Title Map

7 MARQUIS WAY sits on a plot of roughly 0.144 of an acre, or 584m². The below map shows the location of 7 MARQUIS 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 MARQUIS 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 MARQUIS WAY?

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