8, ELMWOOD AVENUE, BOGNOR REGIS, PO22 8DE - £347,500

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

8 ELMWOOD AVENUE is a small extended detached house of 99m², built sometime between 1930 and 1949. It was last sold for £347,500 in February 2018, which was around 23% below the average February 2018 detached price in the Arun local authority area. The most recent EPC inspection was May 2014, where the current energy rating was E, and the potential energy rating was C.

8 ELMWOOD AVENUE Sold Prices

Land registry data shows three sales for 8 ELMWOOD 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 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
2018 9 FEB	£347,500	£449,920	23% below HPI
2014 29 OCT	£268,000	£368,411	27% below HPI
2002 24 JUL	£191,000	£220,773	13% below HPI

8 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 three 8 ELMWOOD AVENUE sales between July 2002 and February 2018 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 October 2014 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the February 2018 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 8 ELMWOOD AVENUE?

8 ELMWOOD AVENUE is 99m², which includes one extension, according to the EPC inspection conducted in May 2014. 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 8 ELMWOOD AVENUE lies on this distribution: 38% of detached houses are smaller than 8 ELMWOOD AVENUE, and 61% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

8 ELMWOOD AVENUE: Plot and Title Map

8 ELMWOOD AVENUE sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 8 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 8 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 8 ELMWOOD AVENUE?

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