15, MADEIRA AVENUE, BOGNOR REGIS, PO22 8DF - £210,000

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.

15 MADEIRA AVENUE is a very small semi-detached house of 78m², built sometime between 1967 and 1975, which could now be worth an estimated £360,865. It was last sold for £210,000 in July 2012, which was about the average July 2012 semi-detached price in the Arun local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was B.

15 MADEIRA AVENUE Sold Prices

Land registry data shows three sales for 15 MADEIRA AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Arun local authority area for the corresponding sale date. The three 15 MADEIRA AVENUE sales were a mix of roughly equal to the average price, above the average price, and 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
2012 17 JUL	£210,000	£210,652	Close to HPI
2003 5 DEC	£164,950	£170,947	4% below HPI
2001 20 AUG	£128,500	£119,280	8% above HPI

15 MADEIRA AVENUE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Arun local authority area over time, sourced from the HPI. The three 15 MADEIRA AVENUE sales between August 2001 and July 2012 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 December 2003 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the July 2012 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 15 MADEIRA AVENUE be worth now?

15 MADEIRA AVENUE might now be worth an estimated £360,865.

This is based on house price inflation of 71.8%, between July 2012 and February 2025, for semi-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 71.8% inflationary increase is applied to the most recent sale price for 15 MADEIRA AVENUE of £210,000 on 17th July 2012. For the value to have increased from £210,000 to £360,865 over the thirteen years and five months to February 2025, the following assumptions must hold true:

• The value of 15 MADEIRA AVENUE has moved in line with the HPI for semi-detached houses in the Arun local authority area.
• The July 2012 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 15 MADEIRA AVENUE has not materially changed since July 2012.

How Large is 15 MADEIRA AVENUE?

15 MADEIRA AVENUE is 78m² according to the EPC inspection conducted in April 2012. This puts it in the smallest 20% of semi-detached houses houses in Bognor Regis, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Bognor Regis, and where 15 MADEIRA AVENUE lies on this distribution: 15% of semi-detached houses houses are smaller than 15 MADEIRA AVENUE, and 84% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

15 MADEIRA AVENUE: Plot and Title Map

15 MADEIRA AVENUE sits on a plot of roughly 0.087 of an acre, or 353m². The below map shows the location of 15 MADEIRA 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 MADEIRA 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 MADEIRA AVENUE?

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