4, PARKWAY, BOGNOR REGIS, PO21 2XP - £360,000

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.

4 PARKWAY is a very large detached house of 169m², built sometime between 1930 and 1949, which could now be worth an estimated £628,305. It was last sold for £360,000 in April 2011, which was around 13% above the average April 2011 detached price in the Arun local authority area. The most recent EPC inspection was July 2010, where the current energy rating was C, and the potential energy rating was C.

4 PARKWAY Sold Prices

Land registry data shows one sale for 4 PARKWAY since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Arun local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2011 7 APR	£360,000	£319,423	13% above HPI

What might 4 PARKWAY be worth now?

4 PARKWAY might now be worth an estimated £628,305.

This is based on house price inflation of 74.5%, between April 2011 and May 2026, 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 74.5% inflationary increase is applied to the most recent sale price for 4 PARKWAY of £360,000 on 7th April 2011. For the value to have increased from £360,000 to £628,305 over the fourteen years and eleven months to May 2026, the following assumptions must hold true:

• The value of 4 PARKWAY has moved in line with the HPI for detached houses in the Arun local authority area.
• The April 2011 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 4 PARKWAY has not materially changed since April 2011.

How Large is 4 PARKWAY?

4 PARKWAY is 169m² according to the EPC inspection conducted in July 2010. This puts it in the largest 20% of detached houses in Bognor Regis, based on EPC data. The below chart shows the distribution of detached houses by size in Bognor Regis, and where 4 PARKWAY lies on this distribution: 85% of detached houses are smaller than 4 PARKWAY, and 15% of detached houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

4 PARKWAY: Plot

4 PARKWAY sits on a plot of roughly 0.155 of an acre, or 627m².

Where is 4 PARKWAY?

4 PARKWAY is located in BOGNOR REGIS, in the PO21 postcode district.