4, SOUTH AVENUE, BOGNOR REGIS, PO21 3QS - £405,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 SOUTH AVENUE is a very small detached house of 71m², built sometime between 1930 and 1949, which could now be worth an estimated £466,066. It was last sold for £405,000 in February 2021, which was around 19% 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.

4 SOUTH AVENUE Sold Prices

Land registry data shows three sales for 4 SOUTH 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 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	£499,406	19% below HPI
2012 18 DEC	£248,000	£336,935	26% below HPI
1998 18 DEC	£120,000	£137,580	13% below HPI

4 SOUTH 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 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 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the February 2021 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 4 SOUTH AVENUE be worth now?

4 SOUTH AVENUE might now be worth an estimated £466,066.

This is based on house price inflation of 15.1%, between February 2021 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 15.1% inflationary increase is applied to the most recent sale price for 4 SOUTH AVENUE of £405,000 on 16th February 2021. For the value to have increased from £405,000 to £466,066 over the four years to February 2025, the following assumptions must hold true:

• The value of 4 SOUTH AVENUE has moved in line with the HPI for detached houses in the Arun local authority area.
• The February 2021 sale price of £405,000 represented a fair market value for the property.
• The size, condition, and specification of 4 SOUTH AVENUE has not materially changed since February 2021.

How Large is 4 SOUTH AVENUE?

4 SOUTH AVENUE is 71m² according to the EPC inspection conducted in November 2011. This puts it in the smallest 10% 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 4 SOUTH AVENUE lies on this distribution: 10% of detached houses 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: Plot and Title Map

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.

Where is 4 SOUTH AVENUE?

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.