22, ELMWOOD AVENUE, BOGNOR REGIS, PO22 8DD - £220,000

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

22 ELMWOOD AVENUE is a very small detached house of 82m², built sometime between 1930 and 1949. It was last sold for £220,000 in January 2014, which was around 35% below the average January 2014 detached price in the Arun local authority area. The most recent EPC inspection was July 2013, where the current energy rating was E, and the potential energy rating was D.

22 ELMWOOD AVENUE Sold Prices

Land registry data shows two sales for 22 ELMWOOD AVENUE 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 22 ELMWOOD 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 8 JAN	£220,000	£340,298	35% below HPI
1996 25 NOV	£65,000	£101,195	36% below HPI

22 ELMWOOD 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 two 22 ELMWOOD AVENUE sales from November 1996 and January 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 November 1996 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the January 2014 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 22 ELMWOOD AVENUE?

22 ELMWOOD AVENUE is 82m² according to the EPC inspection conducted in July 2013. This puts it in the smallest 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 22 ELMWOOD AVENUE lies on this distribution: 20% of detached houses are smaller than 22 ELMWOOD AVENUE, and 79% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

22 ELMWOOD AVENUE: Plot and Title Map

22 ELMWOOD AVENUE sits on a plot of roughly 0.123 of an acre, or 499m². The below map shows the location of 22 ELMWOOD 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 22 ELMWOOD 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 22 ELMWOOD AVENUE?

22 ELMWOOD AVENUE is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 22 on ELMWOOD AVENUE.