24, FIRST AVENUE, FELPHAM, BOGNOR REGIS, PO22 7LG - £710,000

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

24 FIRST AVENUE is a very large extended detached house of 237m², built sometime between 1950 and 1966. It was last sold for £710,000 in October 2020, which was around 50% above the average October 2020 detached price in the Arun local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was C.

24 FIRST AVENUE Sold Prices

Land registry data shows three sales for 24 FIRST AVENUE 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 24 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
2020 7 OCT	£710,000	£474,576	50% above HPI
2017 10 MAR	£575,000	£431,391	33% above HPI
2000 18 AUG	£270,000	£173,108	56% above HPI

24 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 three 24 FIRST AVENUE sales between August 2000 and October 2020 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 March 2017 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the October 2020 sale, where it rises to 50% above the HPI. The line then continues to track at 50% above the HPI.

How Large is 24 FIRST AVENUE?

24 FIRST AVENUE is 237m², which includes three extensions, according to the EPC inspection conducted in June 2016. This puts it in the largest 10% 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 24 FIRST AVENUE lies on this distribution: 97% of detached houses are smaller than 24 FIRST AVENUE, and 3% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

24 FIRST AVENUE: Plot and Title Map

24 FIRST AVENUE sits on a plot of roughly 0.146 of an acre, or 592m². The below map shows the location of 24 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 24 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 24 FIRST AVENUE?

24 FIRST AVENUE is located in FELPHAM, in the PO22 postcode district. The below map shows the position of No. 24 on FIRST AVENUE.