31, ILEX WAY, BOGNOR REGIS, PO22 6PE - £194,000

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.

31 ILEX WAY is a small semi-detached house of 84m², built sometime between 1983 and 1990, which could now be worth an estimated £361,575. It was last sold for £194,000 in May 2006, which was around 1% above the average May 2006 semi-detached price in the Arun local authority area. The most recent EPC inspection was October 2023, where the current energy rating was C, and the potential energy rating was B.

31 ILEX WAY Sold Prices

Land registry data shows five sales for 31 ILEX WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Arun local authority area for the corresponding sale date. Most of the five 31 ILEX 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 16 MAY	£194,000	£192,858	1% above HPI
2004 23 JUN	£179,950	£183,660	2% below HPI
2002 9 JAN	£130,000	£124,285	5% above HPI
2001 23 JUL	£122,000	£116,984	4% above HPI
1998 22 MAY	£91,000	£77,915	17% above HPI

31 ILEX WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Arun local authority area over time, sourced from the HPI. The five 31 ILEX WAY sales between May 1998 and May 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 June 2004 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the May 2006 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 31 ILEX WAY be worth now?

31 ILEX WAY might now be worth an estimated £361,575.

This is based on house price inflation of 86.4%, between May 2006 and March 2025, for semi-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 86.4% inflationary increase is applied to the most recent sale price for 31 ILEX WAY of £194,000 on 16th May 2006. For the value to have increased from £194,000 to £361,575 over the nineteen years and two months to March 2025, the following assumptions must hold true:

• The value of 31 ILEX WAY has moved in line with the HPI for semi-detached houses in the Arun local authority area.
• The May 2006 sale price of £194,000 represented a fair market value for the property.
• The size, condition, and specification of 31 ILEX WAY has not materially changed since May 2006.

How Large is 31 ILEX WAY?

31 ILEX WAY is 84m² according to the EPC inspection conducted in October 2023. This puts it in the smallest 30% of semi-detached houses houses in Bognor Regis, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Bognor Regis, and where 31 ILEX WAY lies on this distribution: 22% of semi-detached houses houses are smaller than 31 ILEX WAY, and 77% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

31 ILEX WAY: Plot and Title Map

31 ILEX WAY sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of 31 ILEX 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 31 ILEX 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 31 ILEX WAY?

31 ILEX WAY is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 31 on ILEX WAY.