23, FIRST AVENUE, FELPHAM, BOGNOR REGIS, PO22 7LG - £605,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

23 FIRST AVENUE is a large detached house of 141m², built sometime between 1967 and 1975, which could now be worth an estimated £743,771. It was last sold for £605,000 in August 2019, which was around 29% above the average August 2019 detached price in the Arun local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was C.

23 FIRST AVENUE Sold Prices

Land registry data shows five sales for 23 FIRST AVENUE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Arun local authority area for the corresponding sale date. All of the five 23 FIRST AVENUE 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
2019 29 AUG	£605,000	£467,479	29% above HPI
2017 14 JUL	£500,000	£450,295	11% above HPI
2014 16 MAY	£485,000	£361,561	34% above HPI
2004 16 JAN	£315,000	£279,553	13% above HPI
1999 3 NOV	£192,500	£153,314	26% above HPI

23 FIRST 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 five 23 FIRST AVENUE sales between November 1999 and August 2019 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 July 2017 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the August 2019 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might 23 FIRST AVENUE be worth now?

23 FIRST AVENUE might now be worth an estimated £743,771.

This is based on house price inflation of 22.9%, between August 2019 and February 2025, for detached houses, in the Arun local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 22.9% inflationary increase is applied to the most recent sale price for 23 FIRST AVENUE of £605,000 on 29th August 2019. For the value to have increased from £605,000 to £743,771 over the six years and six months to February 2025, the following assumptions must hold true:

• The value of 23 FIRST AVENUE has moved in line with the HPI for detached houses in the Arun local authority area.
• The August 2019 sale price of £605,000 represented a fair market value for the property.
• The size, condition, and specification of 23 FIRST AVENUE has not materially changed since August 2019.

How Large is 23 FIRST AVENUE?

23 FIRST AVENUE is 141m² according to the EPC inspection conducted in February 2019. This puts it in the largest 30% of detached houses houses in Bognor Regis, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bognor Regis, and where 23 FIRST AVENUE lies on this distribution: 71% of detached houses houses are smaller than 23 FIRST AVENUE, and 28% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

23 FIRST AVENUE: Plot and Title Map

23 FIRST AVENUE sits on a plot of roughly 0.114 of an acre, or 461m². The below map shows the location of 23 FIRST 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 23 FIRST 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 23 FIRST AVENUE?

23 FIRST AVENUE is located in FELPHAM, in the PO22 postcode district. The below map shows the position of No. 23 on FIRST AVENUE.