38, KELMSCOTT WAY, BOGNOR REGIS, PO21 5DQ - £325,000

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.

38 KELMSCOTT WAY is a small terraced house of 87m², which could now be worth an estimated £303,876. It was last sold for £325,000 in September 2022, which was around 11% above the average September 2022 terraced price in the Arun local authority area. The most recent EPC inspection was September 2014, where the current energy rating was B, and the potential energy rating was A.

38 KELMSCOTT WAY Sold Prices

Land registry data shows three sales for 38 KELMSCOTT 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 38 KELMSCOTT 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
2022 9 SEP	£325,000	£292,340	11% above HPI
2018 23 OCT	£265,000	£237,777	11% above HPI
2015 27 APR	£250,000	£198,029	26% above HPI

38 KELMSCOTT 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 38 KELMSCOTT WAY sales between April 2015 and September 2022 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 October 2018 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the September 2022 sale, which was also at 11% above the HPI.

What might 38 KELMSCOTT WAY be worth now?

38 KELMSCOTT WAY might now be worth an estimated £303,876.

This is based on house price deflation of 6.5%, between September 2022 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 6.5% deflationary decrease is applied to the most recent sale price for 38 KELMSCOTT WAY of £325,000 on 9th September 2022. For the value to have decreased from £325,000 to £303,876 over the three years and three months to June 2025, the following assumptions must hold true:

• The value of 38 KELMSCOTT WAY has moved in line with the HPI for terraced houses in the Arun local authority area.
• The September 2022 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 38 KELMSCOTT WAY has not materially changed since September 2022.

How Large is 38 KELMSCOTT WAY?

38 KELMSCOTT WAY is 87m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 30% 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 38 KELMSCOTT WAY lies on this distribution: 25% of terraced houses houses are smaller than 38 KELMSCOTT WAY, and 75% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

38 KELMSCOTT WAY: Plot and Title Map

38 KELMSCOTT WAY sits on a plot of roughly 0.042 of an acre, or 169m². The below map shows the location of 38 KELMSCOTT 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 38 KELMSCOTT 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 38 KELMSCOTT WAY?

38 KELMSCOTT WAY is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 38 on KELMSCOTT WAY.