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
4 SOUTH AVENUE is a very small detached house of 71m², built sometime between 1930 and 1949. It was last sold for £405,000 in February 2021, which was around 16% below the average February 2021 detached price in the Arun local authority area. The most recent EPC inspection was November 2011, where the current energy rating was E, and the potential energy rating was D.
Land registry data shows three sales for 4 SOUTH AVENUE since 1st 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 4 SOUTH 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 |
---|---|---|---|
2021 16 FEB | £405,000 | £481,388 | 16% below HPI |
2012 18 DEC | £248,000 | £324,779 | 24% below HPI |
1998 18 DEC | £120,000 | £132,616 | 10% below HPI |
The below graph shows the average detached house price in the Arun local authority area over time, sourced from the HPI. The three 4 SOUTH AVENUE sales between December 1998 and February 2021 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 December 2012 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the February 2021 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.
4 SOUTH AVENUE is 71m² according to the EPC inspection conducted in November 2011. This puts it in the smallest 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 4 SOUTH AVENUE lies on this distribution: 10% of detached houses are smaller than 4 SOUTH AVENUE, and 90% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.
4 SOUTH AVENUE sits on a plot of roughly 0.092 of an acre, or 373m². The below map shows the location of 4 SOUTH 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 4 SOUTH 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.
4 SOUTH AVENUE is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 4 on SOUTH AVENUE.