10, BLACKSMITH WAY, FELPHAM, BOGNOR REGIS, PO22 8GR - £277,500

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.

10 BLACKSMITH WAY is a very small semi-detached house of 79m², which could now be worth an estimated £318,135. It was last sold for £277,500 in February 2021, which was around 11% below the average February 2021 semi-detached price in the Arun local authority area. The most recent EPC inspection was June 2015, where the current energy rating was C, and the potential energy rating was B.

10 BLACKSMITH WAY Sold Prices

Land registry data shows two sales for 10 BLACKSMITH WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Arun local authority area for the corresponding sale date. One of the two 10 BLACKSMITH WAY 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
2021 18 FEB	£277,500	£313,535	11% below HPI
2015 30 SEP	£261,950	£255,326	3% above HPI

10 BLACKSMITH WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Arun local authority area over time, sourced from the HPI. The two 10 BLACKSMITH WAY sales from September 2015 and February 2021 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 September 2015 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the February 2021 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 10 BLACKSMITH WAY be worth now?

10 BLACKSMITH WAY might now be worth an estimated £318,135.

This is based on house price inflation of 14.6%, between February 2021 and March 2025, for semi-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 14.6% inflationary increase is applied to the most recent sale price for 10 BLACKSMITH WAY of £277,500 on 18th February 2021. For the value to have increased from £277,500 to £318,135 over the three years and eleven months to March 2025, the following assumptions must hold true:

• The value of 10 BLACKSMITH WAY has moved in line with the HPI for semi-detached houses in the Arun local authority area.
• The February 2021 sale price of £277,500 represented a fair market value for the property.
• The size, condition, and specification of 10 BLACKSMITH WAY has not materially changed since February 2021.

How Large is 10 BLACKSMITH WAY?

10 BLACKSMITH WAY is 79m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 20% of semi-detached houses houses in Bognor Regis, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Bognor Regis, and where 10 BLACKSMITH WAY lies on this distribution: 17% of semi-detached houses houses are smaller than 10 BLACKSMITH WAY, and 83% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

10 BLACKSMITH WAY: Plot and Title Map

10 BLACKSMITH WAY sits on a plot of roughly 0.044 of an acre, or 177m². The below map shows the location of 10 BLACKSMITH 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 10 BLACKSMITH 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 10 BLACKSMITH WAY?

10 BLACKSMITH WAY is located in FELPHAM, in the PO22 postcode district. The below map shows the position of No. 10 on BLACKSMITH WAY.