16, PARKLANDS AVENUE, BOGNOR REGIS, PO21 2BA - £525,000

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

16 PARKLANDS AVENUE is a large extended detached house of 130m², built sometime between 1930 and 1949. It was last sold for £525,000 in November 2022, which was around 9% below the average November 2022 detached price in the Arun local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was B.

16 PARKLANDS AVENUE Sold Prices

Land registry data shows four sales for 16 PARKLANDS AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Arun local authority area for the corresponding sale date. The four 16 PARKLANDS AVENUE sales were a mix of below the average price, and roughly equal to 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
2022 4 NOV	£525,000	£574,911	9% below HPI
2007 19 MAR	£315,000	£314,141	Close to HPI
2003 5 SEP	£245,000	£267,216	8% below HPI
1997 1 SEP	£86,000	£117,047	27% below HPI

16 PARKLANDS 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 four 16 PARKLANDS AVENUE sales between September 1997 and November 2022 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 March 2007 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the November 2022 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 16 PARKLANDS AVENUE?

16 PARKLANDS AVENUE is 130m², which includes one extension, according to the EPC inspection conducted in February 2022. This puts it in the largest 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 16 PARKLANDS AVENUE lies on this distribution: 65% of detached houses are smaller than 16 PARKLANDS AVENUE, and 35% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

16 PARKLANDS AVENUE: Plot and Title Map

16 PARKLANDS AVENUE sits on a plot of roughly 0.091 of an acre, or 367m². The below map shows the location of 16 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 16 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.

Where is 16 PARKLANDS AVENUE?

16 PARKLANDS AVENUE is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 16 on PARKLANDS AVENUE.