34, WAKEFIELD WAY, BOGNOR REGIS, PO21 3RS - £235,000

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.

34 WAKEFIELD WAY is a very small extended terraced house of 78m², built sometime between 1976 and 1982, which could now be worth an estimated £278,175. It was last sold for £235,000 in July 2019, which was around 2% above the average July 2019 terraced price in the Arun local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was C.

34 WAKEFIELD WAY Sold Prices

Land registry data shows three sales for 34 WAKEFIELD 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 34 WAKEFIELD 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 31 JUL	£235,000	£230,915	2% above HPI
2012 3 SEP	£187,000	£176,258	6% above HPI
2003 25 JUL	£178,500	£126,535	41% above HPI

34 WAKEFIELD 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 34 WAKEFIELD WAY sales between July 2003 and July 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 September 2012 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the July 2019 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 34 WAKEFIELD WAY be worth now?

34 WAKEFIELD WAY might now be worth an estimated £278,175.

This is based on house price inflation of 18.4%, between July 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 18.4% inflationary increase is applied to the most recent sale price for 34 WAKEFIELD WAY of £235,000 on 31st July 2019. For the value to have increased from £235,000 to £278,175 over the six years and one month to June 2025, the following assumptions must hold true:

• The value of 34 WAKEFIELD WAY has moved in line with the HPI for terraced houses in the Arun local authority area.
• The July 2019 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 34 WAKEFIELD WAY has not materially changed since July 2019.

How Large is 34 WAKEFIELD WAY?

34 WAKEFIELD WAY is 78m², which includes one extension, according to the EPC inspection conducted in March 2012. 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 34 WAKEFIELD WAY lies on this distribution: 16% of terraced houses houses are smaller than 34 WAKEFIELD WAY, and 84% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

34 WAKEFIELD WAY: Plot and Title Map

34 WAKEFIELD WAY sits on a plot of roughly 0.036 of an acre, or 145m². The below map shows the location of 34 WAKEFIELD 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 34 WAKEFIELD 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 34 WAKEFIELD WAY?

34 WAKEFIELD WAY is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 34 on WAKEFIELD WAY.