3, ELLIS WAY, BOGNOR REGIS, PO21 4XE - £350,000

3 ELLIS WAY is a small extended detached house of 93m², built sometime between 1967 and 1975. It was last sold for £350,000 in February 2020, which was around 23% below the average February 2020 detached price in the Arun local authority area. The most recent EPC inspection was November 2019, where the current energy rating was D, and the potential energy rating was B.

3 ELLIS WAY Sold Prices

Land registry data shows two sales for 3 ELLIS WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Arun local authority area for the corresponding sale date. Both of the two 3 ELLIS WAY sales were for below 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
2020 17 FEB	£350,000	£453,354	23% below HPI
2019 5 JUL	£245,000	£450,198	46% below HPI

3 ELLIS WAY 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 two 3 ELLIS WAY sales from July 2019 and February 2020 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 July 2019 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the February 2020 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 3 ELLIS WAY?

3 ELLIS WAY is 93m², which includes two extensions, according to the EPC inspection conducted in November 2019. This puts it in the smallest 40% of detached houses in Bognor Regis, based on EPC data. The below chart shows the distribution of detached houses by size in Bognor Regis, and where 3 ELLIS WAY lies on this distribution: 31% of detached houses are smaller than 3 ELLIS WAY, and 68% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

3 ELLIS WAY: Plot and Title Map

3 ELLIS WAY sits on a plot of roughly 0.121 of an acre, or 490m². The below map shows the location of 3 ELLIS 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 3 ELLIS 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 3 ELLIS WAY?

3 ELLIS WAY is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 3 on ELLIS WAY.