8, ANDREW AVENUE, BOGNOR REGIS, PO22 7QS - £265,000

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.

8 ANDREW AVENUE is a very small detached house of 61m², built sometime between 1967 and 1975, which could now be worth an estimated £378,041. It was last sold for £265,000 in July 2015, which was around 34% below the average July 2015 detached price in the Arun local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was C.

8 ANDREW AVENUE Sold Prices

Land registry data shows three sales for 8 ANDREW 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 8 ANDREW 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 14 JUL	£265,000	£402,859	34% below HPI
2012 4 MAY	£227,000	£324,656	30% below HPI
2009 25 NOV	£185,000	£316,411	42% below HPI

8 ANDREW 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 8 ANDREW AVENUE sales between November 2009 and July 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 May 2012 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the July 2015 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 8 ANDREW AVENUE be worth now?

8 ANDREW AVENUE might now be worth an estimated £378,041.

This is based on house price inflation of 42.7%, between July 2015 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 42.7% inflationary increase is applied to the most recent sale price for 8 ANDREW AVENUE of £265,000 on 14th July 2015. For the value to have increased from £265,000 to £378,041 over the ten years and five months to February 2025, the following assumptions must hold true:

• The value of 8 ANDREW AVENUE has moved in line with the HPI for detached houses in the Arun local authority area.
• The July 2015 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 8 ANDREW AVENUE has not materially changed since July 2015.

How Large is 8 ANDREW AVENUE?

8 ANDREW AVENUE is 61m² according to the EPC inspection conducted in October 2014. 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 8 ANDREW AVENUE lies on this distribution: 3% of detached houses houses are smaller than 8 ANDREW AVENUE, and 97% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

8 ANDREW AVENUE: Plot and Title Map

8 ANDREW AVENUE sits on a plot of roughly 0.110 of an acre, or 444m². The below map shows the location of 8 ANDREW 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 8 ANDREW 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 8 ANDREW AVENUE?

8 ANDREW AVENUE is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 8 on ANDREW AVENUE.