94, PRIESTLEY WAY, BOGNOR REGIS, PO22 6RR - £235,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

94 PRIESTLEY WAY is a large extended detached house of 135m², built sometime between 1983 and 1990, which could now be worth an estimated £515,748. It was last sold for £235,000 in January 2003, which was around 10% below the average January 2003 detached price in the Arun local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was C.

94 PRIESTLEY WAY Sold Prices

Land registry data shows two sales for 94 PRIESTLEY 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 94 PRIESTLEY 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
2003 24 JAN	£235,000	£261,864	10% below HPI
1995 14 JUL	£70,000	£100,185	30% below HPI

94 PRIESTLEY 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 94 PRIESTLEY WAY sales from July 1995 and January 2003 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 1995 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the January 2003 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 94 PRIESTLEY WAY be worth now?

94 PRIESTLEY WAY might now be worth an estimated £515,748.

This is based on house price inflation of 119.5%, between January 2003 and February 2025, for detached houses, in the Arun local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 119.5% inflationary increase is applied to the most recent sale price for 94 PRIESTLEY WAY of £235,000 on 24th January 2003. For the value to have increased from £235,000 to £515,748 over the 21 years and eleven months to February 2025, the following assumptions must hold true:

• The value of 94 PRIESTLEY WAY has moved in line with the HPI for detached houses in the Arun local authority area.
• The January 2003 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 94 PRIESTLEY WAY has not materially changed since January 2003.

How Large is 94 PRIESTLEY WAY?

94 PRIESTLEY WAY is 135m², which includes one extension, according to the EPC inspection conducted in October 2015. This puts it in the largest 40% of detached houses houses in Bognor Regis, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bognor Regis, and where 94 PRIESTLEY WAY lies on this distribution: 68% of detached houses houses are smaller than 94 PRIESTLEY WAY, and 32% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

94 PRIESTLEY WAY: Plot and Title Map

94 PRIESTLEY WAY sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of 94 PRIESTLEY 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 PRIESTLEY 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 PRIESTLEY WAY?

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