1, WESTINGWAY, BOGNOR REGIS, PO21 2XT - £362,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 WESTINGWAY is a large extended detached house of 129m², built sometime between 1950 and 1966, which could now be worth an estimated £543,711. It was last sold for £362,000 in August 2014, which was around 2% below the average August 2014 detached price in the Arun local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was D.

1 WESTINGWAY Sold Prices

Land registry data shows two sales for 1 WESTINGWAY 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. One of the two 1 WESTINGWAY sales was for below the average price, whilst the other was 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
2014 22 AUG	£362,000	£371,171	2% below HPI
1998 29 MAY	£129,950	£128,574	1% above HPI

1 WESTINGWAY 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 1 WESTINGWAY sales from May 1998 and August 2014 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 May 1998 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the August 2014 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 1 WESTINGWAY be worth now?

1 WESTINGWAY might now be worth an estimated £543,711.

This is based on house price inflation of 50.2%, between August 2014 and May 2026, 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 50.2% inflationary increase is applied to the most recent sale price for 1 WESTINGWAY of £362,000 on 22nd August 2014. For the value to have increased from £362,000 to £543,711 over the twelve years and three months to May 2026, the following assumptions must hold true:

• The value of 1 WESTINGWAY has moved in line with the HPI for detached houses in the Arun local authority area.
• The August 2014 sale price of £362,000 represented a fair market value for the property.
• The size, condition, and specification of 1 WESTINGWAY has not materially changed since August 2014.

How Large is 1 WESTINGWAY?

1 WESTINGWAY is 129m², which includes one extension, according to the EPC inspection conducted in July 2011. 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 1 WESTINGWAY lies on this distribution: 63% of detached houses houses are smaller than 1 WESTINGWAY, and 37% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

1 WESTINGWAY: Plot and Title Map

1 WESTINGWAY sits on a plot of roughly 0.146 of an acre, or 592m². The below map shows the location of 1 WESTINGWAY, 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 1 WESTINGWAY). 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 1 WESTINGWAY?

1 WESTINGWAY is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 1 on WESTINGWAY.