16, THE OAKS, BOGNOR REGIS, PO21 3AE - £486,000

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 THE OAKS is a very large extended detached house of 173m², built sometime between 1996 and 2002. It was last sold for £486,000 in May 2017, which was around 14% above the average May 2017 detached price in the Arun local authority area. The most recent EPC inspection was March 2016, where the current energy rating was C, and the potential energy rating was B.

16 THE OAKS Sold Prices

Land registry data shows two sales for 16 THE OAKS 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 16 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
2017 26 MAY	£486,000	£425,507	14% above HPI
2004 16 DEC	£365,000	£292,222	25% above HPI

16 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 two 16 THE OAKS sales from December 2004 and May 2017 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 2004 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the May 2017 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is 16 THE OAKS?

16 THE OAKS is 173m², which includes one extension, according to the EPC inspection conducted in March 2016. 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 16 THE OAKS lies on this distribution: 87% of detached houses are smaller than 16 THE OAKS, and 13% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

16 THE OAKS: Plot and Title Map

16 THE OAKS sits on a plot of roughly 0.108 of an acre, or 439m². The below map shows the location of 16 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 16 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 16 THE OAKS?

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