9, GIBSON WAY, BOGNOR REGIS, PO21 1AW - £143,000

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.

9 GIBSON WAY is a very small terraced house of 54m², built sometime between 1991 and 1995, which could now be worth an estimated £248,272. It was last sold for £143,000 in March 2011, which was around 9% below the average March 2011 terraced price in the Arun local authority area. The most recent EPC inspection was August 2010, where the current energy rating was C, and the potential energy rating was B.

9 GIBSON WAY Sold Prices

Land registry data shows three sales for 9 GIBSON 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. Two of the three 9 GIBSON WAY sales were for below the average price, whilst one was 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
2011 18 MAR	£143,000	£157,438	9% below HPI
2004 24 MAY	£132,000	£139,756	6% below HPI
1995 10 FEB	£47,000	£44,998	4% above HPI

9 GIBSON 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 9 GIBSON WAY sales between February 1995 and March 2011 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 May 2004 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the March 2011 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 9 GIBSON WAY be worth now?

9 GIBSON WAY might now be worth an estimated £248,272.

This is based on house price inflation of 73.6%, between March 2011 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 73.6% inflationary increase is applied to the most recent sale price for 9 GIBSON WAY of £143,000 on 18th March 2011. For the value to have increased from £143,000 to £248,272 over the thirteen years and nine months to June 2025, the following assumptions must hold true:

• The value of 9 GIBSON WAY has moved in line with the HPI for terraced houses in the Arun local authority area.
• The March 2011 sale price of £143,000 represented a fair market value for the property.
• The size, condition, and specification of 9 GIBSON WAY has not materially changed since March 2011.

How Large is 9 GIBSON WAY?

9 GIBSON WAY is 54m² according to the EPC inspection conducted in August 2010. This puts it in the smallest 10% 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 9 GIBSON WAY lies on this distribution: 1% of terraced houses houses are smaller than 9 GIBSON WAY, and 99% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

9 GIBSON WAY: Plot and Title Map

9 GIBSON WAY sits on a plot of roughly 0.045 of an acre, or 183m². The below map shows the location of 9 GIBSON 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 9 GIBSON 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 9 GIBSON WAY?

9 GIBSON WAY is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 9 on GIBSON WAY.