23, THE OAKS, BOGNOR REGIS, PO21 3AE - £390,000

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

23 THE OAKS is a small detached house of 93m², built sometime between 1996 and 2002. It was last sold for £390,000 in December 2023, which was around 28% below the average December 2023 detached price in the Arun local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was B.

23 THE OAKS Sold Prices

Land registry data shows three sales for 23 THE OAKS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Arun local authority area for the corresponding sale date. All of the three 23 THE OAKS 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
2023 8 DEC	£390,000	£544,937	28% below HPI
2018 18 JAN	£345,000	£446,876	23% below HPI
2001 14 DEC	£190,000	£203,354	7% below HPI

23 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 three 23 THE OAKS sales between December 2001 and December 2023 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 January 2018 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the December 2023 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 23 THE OAKS?

23 THE OAKS is 93m² according to the EPC inspection conducted in September 2017. 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 23 THE OAKS lies on this distribution: 31% of detached houses are smaller than 23 THE OAKS, and 68% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

23 THE OAKS: Plot and Title Map

23 THE OAKS sits on a plot of roughly 0.082 of an acre, or 330m². The below map shows the location of 23 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 23 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 23 THE OAKS?

23 THE OAKS is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 23 on THE OAKS.