7, CHAUCER WAY, BOGNOR REGIS, PO22 6QT - £417,500

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.

7 CHAUCER WAY is a small extended terraced house of 90m², built sometime between 1976 and 1982, which could now be worth an estimated £400,479. It was last sold for £417,500 in August 2022, which was around 47% above the average August 2022 terraced price in the Arun local authority area. The most recent EPC inspection was March 2022, where the current energy rating was F, and the potential energy rating was B.

7 CHAUCER WAY Sold Prices

Land registry data shows three sales for 7 CHAUCER 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 7 CHAUCER 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 1 AUG	£417,500	£284,956	47% above HPI
2005 24 JUN	£202,000	£148,873	36% above HPI
1996 11 JUL	£76,500	£47,757	60% above HPI

7 CHAUCER 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 7 CHAUCER WAY sales between July 1996 and August 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 June 2005 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the August 2022 sale, where it rises to 47% above the HPI. The line then continues to track at 47% above the HPI.

What might 7 CHAUCER WAY be worth now?

7 CHAUCER WAY might now be worth an estimated £400,479.

This is based on house price deflation of 4.1%, between August 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 4.1% deflationary decrease is applied to the most recent sale price for 7 CHAUCER WAY of £417,500 on 1st August 2022. For the value to have decreased from £417,500 to £400,479 over the three years and two months to June 2025, the following assumptions must hold true:

• The value of 7 CHAUCER WAY has moved in line with the HPI for terraced houses in the Arun local authority area.
• The August 2022 sale price of £417,500 represented a fair market value for the property.
• The size, condition, and specification of 7 CHAUCER WAY has not materially changed since August 2022.

How Large is 7 CHAUCER WAY?

7 CHAUCER WAY is 90m², which includes one extension, according to the EPC inspection conducted in March 2022. 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 7 CHAUCER WAY lies on this distribution: 28% of terraced houses houses are smaller than 7 CHAUCER WAY, and 71% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

7 CHAUCER WAY: Plot and Title Map

7 CHAUCER WAY sits on a plot of roughly 0.123 of an acre, or 499m². The below map shows the location of 7 CHAUCER 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 7 CHAUCER 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 7 CHAUCER WAY?

7 CHAUCER WAY is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 7 on CHAUCER WAY.