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 PARKLANDS AVENUE is a midsized detached house of 110m², built sometime between 1930 and 1949. It was last sold for £344,000 in November 2018, which was around 25% below the average November 2018 detached price in the Arun local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 15 PARKLANDS 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 15 PARKLANDS 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 |
---|---|---|---|
2018 30 NOV | £344,000 | £460,722 | 25% below HPI |
2015 10 FEB | £270,000 | £371,861 | 27% below HPI |
2002 15 APR | £158,000 | £204,426 | 23% 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 15 PARKLANDS AVENUE sales between April 2002 and November 2018 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 2015 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the November 2018 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.
15 PARKLANDS AVENUE is 110m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 50% 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 PARKLANDS AVENUE lies on this distribution: 48% of detached houses are smaller than 15 PARKLANDS AVENUE, and 51% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.
15 PARKLANDS AVENUE sits on a plot of roughly 0.086 of an acre, or 349m². The below map shows the location of 15 PARKLANDS 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 PARKLANDS 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.
15 PARKLANDS AVENUE is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 15 on PARKLANDS AVENUE.