1, SECOND AVENUE, BOGNOR REGIS, PO22 7LJ - £925,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

1 SECOND AVENUE is a very large extended detached house of 202m², built sometime between 1930 and 1949. It was last sold for £925,000 in August 2023, which was around 71% above the average August 2023 detached price in the Arun local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was C.

1 SECOND AVENUE Sold Prices

Land registry data shows two sales for 1 SECOND AVENUE 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 1 SECOND AVENUE 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
2023 30 AUG	£925,000	£541,385	71% above HPI
1996 8 MAR	£155,000	£95,043	63% above HPI

1 SECOND AVENUE 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 1 SECOND AVENUE sales from March 1996 and August 2023 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 March 1996 sale was for 63% above the HPI. So the extrapolation line tracks at 63% above the HPI over time, until the August 2023 sale, where it rises to 71% above the HPI. The line then continues to track at 71% above the HPI.

How Large is 1 SECOND AVENUE?

1 SECOND AVENUE is 202m², which includes two extensions, according to the EPC inspection conducted in June 2023. This puts it in the largest 10% 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 1 SECOND AVENUE lies on this distribution: 93% of detached houses are smaller than 1 SECOND AVENUE, and 7% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

1 SECOND AVENUE: Plot and Title Map

1 SECOND AVENUE sits on a plot of roughly 0.166 of an acre, or 672m². The below map shows the location of 1 SECOND AVENUE, 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 1 SECOND AVENUE). 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 1 SECOND AVENUE?

1 SECOND AVENUE is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 1 on SECOND AVENUE.