12, THE OAKS, BOGNOR REGIS, PO21 3AE - £342,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

12 THE OAKS is a very large extended detached house of 170m², built sometime between 1996 and 2002. It was last sold for £342,500 in April 2008, which was around 1% above the average April 2008 detached price in the Arun local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.

12 THE OAKS Sold Prices

Land registry data shows three sales for 12 THE OAKS since 1^st 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 THE OAKS 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
2008 25 APR	£342,500	£339,096	1% above HPI
2005 15 APR	£298,000	£283,641	5% above HPI
2002 13 JUN	£280,000	£214,227	31% above HPI

12 THE OAKS 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 three 12 THE OAKS sales between June 2002 and April 2008 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 April 2005 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the April 2008 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 12 THE OAKS?

12 THE OAKS is 170m², which includes one extension, according to the EPC inspection conducted in March 2023. 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 12 THE OAKS lies on this distribution: 86% of detached houses are smaller than 12 THE OAKS, and 14% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

12 THE OAKS: Plot and Title Map

12 THE OAKS sits on a plot of roughly 0.074 of an acre, or 300m². The below map shows the location of 12 THE OAKS, 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 THE OAKS). 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 12 THE OAKS?

12 THE OAKS is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 12 on THE OAKS.