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
21 PARKFIELD AVENUE is a small extended detached house of 96m², built sometime between 1930 and 1949. It was last sold for £234,000 in February 2014, which was around 31% below the average February 2014 detached price in the Arun local authority area. The most recent EPC inspection was November 2012, where the current energy rating was F, and the potential energy rating was D.
Land registry data shows two sales for 21 PARKFIELD AVENUE since 1st 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 21 PARKFIELD 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 |
---|---|---|---|
2014 21 FEB | £234,000 | £339,613 | 31% below HPI |
1996 10 DEC | £60,000 | £102,432 | 41% below HPI |
The below graph shows the average detached house price in the Arun local authority area over time, sourced from the HPI. The two 21 PARKFIELD AVENUE sales from December 1996 and February 2014 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 1996 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the February 2014 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.
21 PARKFIELD AVENUE is 96m², which includes two extensions, according to the EPC inspection conducted in November 2012. 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 21 PARKFIELD AVENUE lies on this distribution: 34% of detached houses are smaller than 21 PARKFIELD AVENUE, and 65% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.
21 PARKFIELD AVENUE sits on a plot of roughly 0.060 of an acre, or 243m². The below map shows the location of 21 PARKFIELD 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 21 PARKFIELD 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.
21 PARKFIELD AVENUE is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 21 on PARKFIELD AVENUE.