81, ADDISON WAY, BOGNOR REGIS, PO22 9HZ - £263,000

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

81 ADDISON WAY is a very small semi-detached house of 78m², built sometime between 1976 and 1982. It was last sold for £263,000 in May 2019, which was around 42% below the average May 2019 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 B.

81 ADDISON WAY Sold Prices

Land registry data shows six sales for 81 ADDISON WAY since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Arun local authority area for the corresponding sale date. All of the six 81 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
2019 22 MAY	£263,000	£454,807	42% below HPI
2014 7 FEB	£180,000	£339,613	47% below HPI
2011 25 NOV	£185,000	£315,195	41% below HPI
2004 3 AUG	£177,000	£287,622	38% below HPI
2002 28 AUG	£140,000	£227,212	38% below HPI
1997 5 JUN	£70,500	£106,826	34% below HPI

81 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 six 81 ADDISON WAY sales between June 1997 and May 2019 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 February 2014 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the May 2019 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 81 ADDISON WAY?

81 ADDISON WAY is 78m² according to the EPC inspection conducted in July 2014. 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 81 ADDISON WAY lies on this distribution: 16% of detached houses are smaller than 81 ADDISON WAY, and 83% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

81 ADDISON WAY: Plot and Title Map

81 ADDISON WAY sits on a plot of roughly 0.044 of an acre, or 176m². The below map shows the location of 81 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 81 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 81 ADDISON WAY?

81 ADDISON WAY is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 81 on ADDISON WAY.