15, PEMBROKE WAY, BOGNOR REGIS, PO21 5PU - £305,000

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.

15 PEMBROKE WAY is a very small terraced house of 75m², built sometime between 1967 and 1975, which could now be worth an estimated £299,909. It was last sold for £305,000 in June 2022, which was around 10% above the average June 2022 terraced price in the Arun local authority area. The most recent EPC inspection was December 2018, where the current energy rating was C, and the potential energy rating was B.

15 PEMBROKE WAY Sold Prices

Land registry data shows three sales for 15 PEMBROKE WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Arun local authority area for the corresponding sale date. All of the three 15 PEMBROKE 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
2022 10 JUN	£305,000	£277,979	10% above HPI
2007 27 JUN	£195,000	£179,961	8% above HPI
2002 4 JUL	£118,750	£102,849	15% above HPI

15 PEMBROKE 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 three 15 PEMBROKE WAY sales between July 2002 and June 2022 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 June 2007 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the June 2022 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 15 PEMBROKE WAY be worth now?

15 PEMBROKE WAY might now be worth an estimated £299,909.

This is based on house price deflation of 1.7%, between June 2022 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 1.7% deflationary decrease is applied to the most recent sale price for 15 PEMBROKE WAY of £305,000 on 10th June 2022. For the value to have decreased from £305,000 to £299,909 over the three years to June 2025, the following assumptions must hold true:

• The value of 15 PEMBROKE WAY has moved in line with the HPI for terraced houses in the Arun local authority area.
• The June 2022 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 15 PEMBROKE WAY has not materially changed since June 2022.

How Large is 15 PEMBROKE WAY?

15 PEMBROKE WAY is 75m² according to the EPC inspection conducted in December 2018. 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 PEMBROKE WAY lies on this distribution: 12% of terraced houses houses are smaller than 15 PEMBROKE WAY, and 87% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

15 PEMBROKE WAY: Plot and Title Map

15 PEMBROKE WAY sits on a plot of roughly 0.036 of an acre, or 147m². The below map shows the location of 15 PEMBROKE 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 PEMBROKE 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 PEMBROKE WAY?

15 PEMBROKE WAY is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 15 on PEMBROKE WAY.