15, THE FAIRWAY, BOGNOR REGIS, PO21 4ES - £950,000

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 THE FAIRWAY is a very large extended detached house of 308m², built sometime between 1900 and 1929, which could now be worth an estimated £1,131,976. It was last sold for £950,000 in February 2019, which was around 103% above the average February 2019 detached price in the Arun local authority area. The most recent EPC inspection was September 2009, where the current energy rating was E, and the potential energy rating was E.

15 THE FAIRWAY Sold Prices

Land registry data shows three sales for 15 THE FAIRWAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Arun local authority area for the corresponding sale date. All of the three 15 THE FAIRWAY 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 1 FEB	£950,000	£467,231	103% above HPI
2011 14 JAN	£642,000	£321,333	100% above HPI
1995 14 JUN	£155,000	£99,820	55% above HPI

15 THE FAIRWAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Arun local authority area over time, sourced from the HPI. The three 15 THE FAIRWAY sales between June 1995 and February 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 January 2011 sale was for 100% above the HPI. So the extrapolation line tracks at 100% above the HPI over time, until the February 2019 sale, where it rises to 103% above the HPI. The line then continues to track at 103% above the HPI.

What might 15 THE FAIRWAY be worth now?

15 THE FAIRWAY might now be worth an estimated £1,131,976.

This is based on house price inflation of 19.2%, between February 2019 and June 2025, for detached 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 19.2% inflationary increase is applied to the most recent sale price for 15 THE FAIRWAY of £950,000 on 1st February 2019. For the value to have increased from £950,000 to £1,131,976 over the five years and eight months to June 2025, the following assumptions must hold true:

• The value of 15 THE FAIRWAY has moved in line with the HPI for detached houses in the Arun local authority area.
• The February 2019 sale price of £950,000 represented a fair market value for the property.
• The size, condition, and specification of 15 THE FAIRWAY has not materially changed since February 2019.

How Large is 15 THE FAIRWAY?

15 THE FAIRWAY is 308m², which includes one extension, according to the EPC inspection conducted in September 2009. This puts it in the largest 10% of detached houses houses in Bognor Regis, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bognor Regis, and where 15 THE FAIRWAY lies on this distribution: 99% of detached houses houses are smaller than 15 THE FAIRWAY, and 1% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

15 THE FAIRWAY: Plot and Title Map

15 THE FAIRWAY sits on a plot of roughly 0.285 of an acre, or 1,152m². The below map shows the location of 15 THE FAIRWAY, 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 THE FAIRWAY). 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 THE FAIRWAY?

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