15, PILGRIMS WAY, BOGNOR REGIS, PO21 3LF - £252,500

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 PILGRIMS WAY is a very small terraced house of 69m², built sometime between 1991 and 1995, which could now be worth an estimated £301,965. It was last sold for £252,500 in March 2019, which was around 10% above the average March 2019 terraced price in the Arun local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was B.

15 PILGRIMS WAY Sold Prices

Land registry data shows four sales for 15 PILGRIMS WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Arun local authority area for the corresponding sale date. All of the four 15 PILGRIMS 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
2019 15 MAR	£252,500	£228,563	10% above HPI
2008 18 APR	£190,000	£181,511	5% above HPI
2002 10 JAN	£110,000	£92,445	19% above HPI
1995 24 MAR	£60,000	£45,296	32% above HPI

15 PILGRIMS 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 four 15 PILGRIMS WAY sales between March 1995 and March 2019 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 April 2008 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the March 2019 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 15 PILGRIMS WAY be worth now?

15 PILGRIMS WAY might now be worth an estimated £301,965.

This is based on house price inflation of 19.6%, between March 2019 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 19.6% inflationary increase is applied to the most recent sale price for 15 PILGRIMS WAY of £252,500 on 15th March 2019. For the value to have increased from £252,500 to £301,965 over the five years and nine months to June 2025, the following assumptions must hold true:

• The value of 15 PILGRIMS WAY has moved in line with the HPI for terraced houses in the Arun local authority area.
• The March 2019 sale price of £252,500 represented a fair market value for the property.
• The size, condition, and specification of 15 PILGRIMS WAY has not materially changed since March 2019.

How Large is 15 PILGRIMS WAY?

15 PILGRIMS WAY is 69m² according to the EPC inspection conducted in October 2018. 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 15 PILGRIMS WAY lies on this distribution: 7% of terraced houses houses are smaller than 15 PILGRIMS WAY, and 92% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

15 PILGRIMS WAY: Plot and Title Map

15 PILGRIMS WAY sits on a plot of roughly 0.018 of an acre, or 71m². The below map shows the location of 15 PILGRIMS 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 PILGRIMS 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 PILGRIMS WAY?

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