7, MADEIRA AVENUE, BOGNOR REGIS, PO22 8BX - £270,000

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

7 MADEIRA AVENUE is a small detached house of 92m², built sometime between 1950 and 1966. It was last sold for £270,000 in January 2015, which was around 28% below the average January 2015 detached price in the Arun local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was D.

7 MADEIRA AVENUE Sold Prices

Land registry data shows four sales for 7 MADEIRA AVENUE since 1^st 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. All of the four 7 MADEIRA 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 29 JAN	£270,000	£373,038	28% below HPI
2011 2 NOV	£245,000	£315,195	22% below HPI
2010 29 JAN	£205,000	£313,229	35% below HPI
1999 29 SEP	£114,500	£142,987	20% below HPI

7 MADEIRA 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 four 7 MADEIRA AVENUE sales between September 1999 and January 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 November 2011 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the January 2015 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 7 MADEIRA AVENUE?

7 MADEIRA AVENUE is 92m² according to the EPC inspection conducted in July 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 7 MADEIRA AVENUE lies on this distribution: 30% of detached houses are smaller than 7 MADEIRA AVENUE, and 70% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

7 MADEIRA AVENUE: Plot and Title Map

7 MADEIRA AVENUE sits on a plot of roughly 0.103 of an acre, or 415m². The below map shows the location of 7 MADEIRA 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 7 MADEIRA 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 7 MADEIRA AVENUE?

7 MADEIRA AVENUE is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 7 on MADEIRA AVENUE.