12, WESTWAY, BOGNOR REGIS, PO22 8BZ - £318,500

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.

12 WESTWAY is a large terraced house of 139m², built sometime between 1950 and 1966, which could now be worth an estimated £365,975. It was last sold for £318,500 in August 2018, which was around 34% above the average August 2018 terraced price in the Arun local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was C.

12 WESTWAY Sold Prices

Land registry data shows two sales for 12 WESTWAY 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 12 WESTWAY sales were 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
2018 31 AUG	£318,500	£237,881	34% above HPI
2004 10 FEB	£235,000	£132,615	77% above HPI

12 WESTWAY 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 12 WESTWAY sales from February 2004 and August 2018 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 February 2004 sale was for 77% above the HPI. So the extrapolation line tracks at 77% above the HPI over time, until the August 2018 sale, where it falls to 34% above the HPI. The line then continues to track at 34% above the HPI.

What might 12 WESTWAY be worth now?

12 WESTWAY might now be worth an estimated £365,975.

This is based on house price inflation of 14.9%, between August 2018 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 14.9% inflationary increase is applied to the most recent sale price for 12 WESTWAY of £318,500 on 31st August 2018. For the value to have increased from £318,500 to £365,975 over the seven years and two months to June 2025, the following assumptions must hold true:

• The value of 12 WESTWAY has moved in line with the HPI for terraced houses in the Arun local authority area.
• The August 2018 sale price of £318,500 represented a fair market value for the property.
• The size, condition, and specification of 12 WESTWAY has not materially changed since August 2018.

How Large is 12 WESTWAY?

12 WESTWAY is 139m² according to the EPC inspection conducted in April 2018. This puts it in the largest 30% 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 12 WESTWAY lies on this distribution: 70% of terraced houses houses are smaller than 12 WESTWAY, and 29% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

12 WESTWAY: Plot and Title Map

12 WESTWAY sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of 12 WESTWAY, 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 12 WESTWAY). 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 12 WESTWAY?

12 WESTWAY is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 12 on WESTWAY.