Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
12 LIONEL AVENUE is a large extended detached house of 141m², built sometime between 1950 and 1966. It was last sold for £465,000 in March 2024, which was around 14% below the average March 2024 detached price in the Arun local authority area. The most recent EPC inspection was May 2022, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows three sales for 12 LIONEL AVENUE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Arun local authority area for the corresponding sale date. All of the three 12 LIONEL AVENUE sales were for below 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 |
---|---|---|---|
2024 15 MAR | £465,000 | £543,335 | 14% below HPI |
2010 4 JAN | £290,000 | £313,229 | 7% below HPI |
1999 22 FEB | £109,000 | £130,668 | 17% below HPI |
The below graph shows the average detached house price in the Arun local authority area over time, sourced from the HPI. The three 12 LIONEL AVENUE sales between February 1999 and March 2024 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 January 2010 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the March 2024 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.
12 LIONEL AVENUE is 141m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the largest 30% 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 12 LIONEL AVENUE lies on this distribution: 72% of detached houses are smaller than 12 LIONEL AVENUE, and 28% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.
12 LIONEL AVENUE sits on a plot of roughly 0.105 of an acre, or 425m². The below map shows the location of 12 LIONEL 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 12 LIONEL 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.
12 LIONEL AVENUE is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 12 on LIONEL AVENUE.