8, STRAND WAY, BOGNOR REGIS, PO22 7LH - £690,000

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.

8 STRAND WAY is a very large extended detached house of 218m², built sometime between 1900 and 1929, which could now be worth an estimated £884,600. It was last sold for £690,000 in November 2016, which was around 56% above the average November 2016 detached price in the Arun local authority area. The most recent EPC inspection was June 2014, where the current energy rating was E, and the potential energy rating was C.

8 STRAND WAY Sold Prices

Land registry data shows two sales for 8 STRAND 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 8 STRAND 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
2016 30 NOV	£690,000	£441,312	56% above HPI
1995 22 SEP	£171,500	£98,719	74% above HPI

8 STRAND 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 8 STRAND WAY sales from September 1995 and November 2016 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 1995 sale was for 74% above the HPI. So the extrapolation line tracks at 74% above the HPI over time, until the November 2016 sale, where it falls to 56% above the HPI. The line then continues to track at 56% above the HPI.

What might 8 STRAND WAY be worth now?

8 STRAND WAY might now be worth an estimated £884,600.

This is based on house price inflation of 28.2%, between November 2016 and March 2025, for 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 28.2% inflationary increase is applied to the most recent sale price for 8 STRAND WAY of £690,000 on 30th November 2016. For the value to have increased from £690,000 to £884,600 over the nine years and eight months to March 2025, the following assumptions must hold true:

• The value of 8 STRAND WAY has moved in line with the HPI for detached houses in the Arun local authority area.
• The November 2016 sale price of £690,000 represented a fair market value for the property.
• The size, condition, and specification of 8 STRAND WAY has not materially changed since November 2016.

How Large is 8 STRAND WAY?

8 STRAND WAY is 218m², which includes two extensions, according to the EPC inspection conducted in June 2014. This puts it in the largest 10% of detached houses houses in Bognor Regis, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bognor Regis, and where 8 STRAND WAY lies on this distribution: 95% of detached houses houses are smaller than 8 STRAND WAY, and 5% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

8 STRAND WAY: Plot and Title Map

8 STRAND WAY sits on a plot of roughly 0.219 of an acre, or 885m². The below map shows the location of 8 STRAND 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 8 STRAND 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 8 STRAND WAY?

8 STRAND WAY is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 8 on STRAND WAY.