15, NORMAN WAY, BOGNOR REGIS, PO22 7TW - £206,500

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.

15 NORMAN WAY is a very small terraced house of 74m², built sometime between 1996 and 2002, which could now be worth an estimated £341,339. It was last sold for £206,500 in October 2006, which was around 25% above the average October 2006 terraced price in the Arun local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was B.

15 NORMAN WAY Sold Prices

Land registry data shows two sales for 15 NORMAN 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 15 NORMAN WAY 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
2006 20 OCT	£206,500	£165,362	25% above HPI
1998 20 MAR	£83,000	£55,792	49% above HPI

15 NORMAN 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 15 NORMAN WAY sales from March 1998 and October 2006 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 March 1998 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the October 2006 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 15 NORMAN WAY be worth now?

15 NORMAN WAY might now be worth an estimated £341,339.

This is based on house price inflation of 65.3%, between October 2006 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 65.3% inflationary increase is applied to the most recent sale price for 15 NORMAN WAY of £206,500 on 20th October 2006. For the value to have increased from £206,500 to £341,339 over the nineteen years and four months to June 2025, the following assumptions must hold true:

• The value of 15 NORMAN WAY has moved in line with the HPI for terraced houses in the Arun local authority area.
• The October 2006 sale price of £206,500 represented a fair market value for the property.
• The size, condition, and specification of 15 NORMAN WAY has not materially changed since October 2006.

How Large is 15 NORMAN WAY?

15 NORMAN WAY is 74m² according to the EPC inspection conducted in April 2012. This puts it in the smallest 20% 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 15 NORMAN WAY lies on this distribution: 11% of terraced houses houses are smaller than 15 NORMAN WAY, and 88% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

15 NORMAN WAY: Plot and Title Map

15 NORMAN WAY sits on a plot of roughly 0.052 of an acre, or 212m². The below map shows the location of 15 NORMAN 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 15 NORMAN 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 15 NORMAN WAY?

15 NORMAN WAY is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 15 on NORMAN WAY.