15, ELMWOOD AVENUE, BOGNOR REGIS, PO22 8DE - £264,000

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

15 ELMWOOD AVENUE is a small detached house of 95m², built sometime between 1930 and 1949. It was last sold for £264,000 in December 2023, which was around 52% below the average December 2023 detached price in the Arun local authority area. The most recent EPC inspection was June 2022, where the current energy rating was E, and the potential energy rating was C.

15 ELMWOOD AVENUE Sold Prices

Land registry data shows two sales for 15 ELMWOOD 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 15 ELMWOOD 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
2023 7 DEC	£264,000	£544,937	52% below HPI
1999 19 FEB	£80,000	£130,668	39% below HPI

15 ELMWOOD 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 15 ELMWOOD AVENUE sales from February 1999 and December 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 February 1999 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the December 2023 sale, where it falls to 52% below the HPI. The line then continues to track at 52% below the HPI.

How Large is 15 ELMWOOD AVENUE?

15 ELMWOOD AVENUE is 95m² according to the EPC inspection conducted in June 2022. This puts it in the smallest 40% 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 15 ELMWOOD AVENUE lies on this distribution: 33% of detached houses are smaller than 15 ELMWOOD AVENUE, and 66% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

15 ELMWOOD AVENUE: Plot and Title Map

15 ELMWOOD AVENUE sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of 15 ELMWOOD 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 15 ELMWOOD 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 15 ELMWOOD AVENUE?

15 ELMWOOD AVENUE is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 15 on ELMWOOD AVENUE.