11, MERLIN WAY, BOGNOR REGIS, PO22 6RN - £153,000

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.

11 MERLIN WAY is a very small extended terraced house of 56m², built sometime between 1983 and 1990, which could now be worth an estimated £243,673. It was last sold for £153,000 in June 2010, which was around 11% below the average June 2010 terraced price in the Arun local authority area. The most recent EPC inspection was February 2010, where the current energy rating was E, and the potential energy rating was D.

11 MERLIN WAY Sold Prices

Land registry data shows two sales for 11 MERLIN WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Arun local authority area for the corresponding sale date. Both of the two 11 MERLIN 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
2010 15 JUN	£153,000	£171,627	11% below HPI
2001 19 JAN	£70,000	£80,309	13% below HPI

11 MERLIN WAY Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Arun local authority area over time, sourced from the HPI. The two 11 MERLIN WAY sales from January 2001 and June 2010 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 January 2001 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the June 2010 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 11 MERLIN WAY be worth now?

11 MERLIN WAY might now be worth an estimated £243,673.

This is based on house price inflation of 59.3%, between June 2010 and June 2025, for terraced 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 59.3% inflationary increase is applied to the most recent sale price for 11 MERLIN WAY of £153,000 on 15th June 2010. For the value to have increased from £153,000 to £243,673 over the fifteen years to June 2025, the following assumptions must hold true:

• The value of 11 MERLIN WAY has moved in line with the HPI for terraced houses in the Arun local authority area.
• The June 2010 sale price of £153,000 represented a fair market value for the property.
• The size, condition, and specification of 11 MERLIN WAY has not materially changed since June 2010.

How Large is 11 MERLIN WAY?

11 MERLIN WAY is 56m², which includes one extension, according to the EPC inspection conducted in February 2010. This puts it in the smallest 10% of terraced houses houses in Bognor Regis, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Bognor Regis, and where 11 MERLIN WAY lies on this distribution: 2% of terraced houses houses are smaller than 11 MERLIN WAY, and 98% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

11 MERLIN WAY: Plot and Title Map

11 MERLIN WAY sits on a plot of roughly 0.021 of an acre, or 87m². The below map shows the location of 11 MERLIN 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 11 MERLIN 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 11 MERLIN WAY?

11 MERLIN WAY is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 11 on MERLIN WAY.