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
3A PARKLANDS AVENUE is a large extended detached house of 125m², built sometime between 1950 and 1966. It was last sold for £320,000 in November 2015, which was around 20% below the average November 2015 detached price in the Arun local authority area. The most recent EPC inspection was December 2014, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 3A PARKLANDS AVENUE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Arun local authority area for the corresponding sale date. Most of the four 3A PARKLANDS 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 |
---|---|---|---|
2015 13 NOV | £320,000 | £399,348 | 20% below HPI |
2005 30 JUN | £237,000 | £282,191 | 16% below HPI |
2000 8 SEP | £179,950 | £174,086 | 3% above HPI |
1995 3 JAN | £64,000 | £95,786 | 33% below HPI |
The below graph shows the average detached house price in the Arun local authority area over time, sourced from the HPI. The four 3A PARKLANDS AVENUE sales between January 1995 and November 2015 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 June 2005 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the November 2015 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.
3A PARKLANDS AVENUE is 125m², which includes three extensions, according to the EPC inspection conducted in December 2014. This puts it in the largest 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 3A PARKLANDS AVENUE lies on this distribution: 61% of detached houses are smaller than 3A PARKLANDS AVENUE, and 39% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.
3A PARKLANDS AVENUE sits on a plot of roughly 0.093 of an acre, or 378m². The below map shows the location of 3A PARKLANDS 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 3A PARKLANDS 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.
3A PARKLANDS AVENUE is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 3A on PARKLANDS AVENUE.