40, ELMWOOD AVENUE, BOGNOR REGIS, PO22 8DD - £249,000

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

40 ELMWOOD AVENUE is a small extended detached house of 97m², built sometime between 1930 and 1949. It was last sold for £249,000 in October 2011, which was around 22% below the average October 2011 detached price in the Arun local authority area. The most recent EPC inspection was March 2011, where the current energy rating was E, and the potential energy rating was C.

40 ELMWOOD AVENUE Sold Prices

Land registry data shows two sales for 40 ELMWOOD AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Arun local authority area for the corresponding sale date. Both of the two 40 ELMWOOD 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
2011 7 OCT	£249,000	£318,009	22% below HPI
2002 28 MAR	£159,000	£200,482	21% below HPI

40 ELMWOOD 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 two 40 ELMWOOD AVENUE sales from March 2002 and October 2011 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 2002 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the October 2011 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 40 ELMWOOD AVENUE?

40 ELMWOOD AVENUE is 97m², which includes one extension, according to the EPC inspection conducted in March 2011. 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 40 ELMWOOD AVENUE lies on this distribution: 35% of detached houses are smaller than 40 ELMWOOD AVENUE, and 65% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

40 ELMWOOD AVENUE: Plot and Title Map

40 ELMWOOD AVENUE sits on a plot of roughly 0.081 of an acre, or 329m². The below map shows the location of 40 ELMWOOD 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 40 ELMWOOD 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 40 ELMWOOD AVENUE?

40 ELMWOOD AVENUE is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 40 on ELMWOOD AVENUE.