94, FELPHAM WAY, BOGNOR REGIS, PO22 8QW - £380,000

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

94 FELPHAM WAY is a very small detached house of 63m², built sometime between 1983 and 1990. It was last sold for £380,000 in June 2023, which was around 30% below the average June 2023 detached price in the Arun local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.

94 FELPHAM WAY Sold Prices

Land registry data shows three sales for 94 FELPHAM 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 94 FELPHAM 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 7 JUN	£380,000	£544,843	30% below HPI
2002 31 JUL	£165,950	£220,773	25% below HPI
2001 22 FEB	£122,500	£175,861	30% below HPI

94 FELPHAM 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 94 FELPHAM WAY sales between February 2001 and June 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 July 2002 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the June 2023 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 94 FELPHAM WAY?

94 FELPHAM WAY is 63m² according to the EPC inspection conducted in September 2022. This puts it in the smallest 10% 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 94 FELPHAM WAY lies on this distribution: 4% of detached houses are smaller than 94 FELPHAM WAY, and 96% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

94 FELPHAM WAY: Plot and Title Map

94 FELPHAM WAY sits on a plot of roughly 0.100 of an acre, or 405m². The below map shows the location of 94 FELPHAM 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 94 FELPHAM 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 94 FELPHAM WAY?

94 FELPHAM WAY is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 94 on FELPHAM WAY.