3, NORTH AVENUE SOUTH, BOGNOR REGIS, PO22 6HE - £264,000

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.

3 NORTH AVENUE SOUTH is a very small terraced house of 82m², built sometime between 1983 and 1990, which could now be worth an estimated £304,175. It was last sold for £264,000 in October 2020, which was around 9% above the average October 2020 terraced price in the Arun local authority area. The most recent EPC inspection was July 2011, where the current energy rating was C, and the potential energy rating was C.

3 NORTH AVENUE SOUTH Sold Prices

Land registry data shows three sales for 3 NORTH AVENUE SOUTH since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Arun local authority area for the corresponding sale date. All of the three 3 NORTH AVENUE SOUTH sales were for above 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
2020 30 OCT	£264,000	£241,259	9% above HPI
2012 3 SEP	£185,000	£176,258	5% above HPI
2005 24 NOV	£158,000	£151,454	4% above HPI

3 NORTH AVENUE SOUTH Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Arun local authority area over time, sourced from the HPI. The three 3 NORTH AVENUE SOUTH sales between November 2005 and October 2020 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 September 2012 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the October 2020 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 3 NORTH AVENUE SOUTH be worth now?

3 NORTH AVENUE SOUTH might now be worth an estimated £304,175.

This is based on house price inflation of 15.2%, between October 2020 and July 2025, for terraced 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 15.2% inflationary increase is applied to the most recent sale price for 3 NORTH AVENUE SOUTH of £264,000 on 30th October 2020. For the value to have increased from £264,000 to £304,175 over the five years and three months to July 2025, the following assumptions must hold true:

• The value of 3 NORTH AVENUE SOUTH has moved in line with the HPI for terraced houses in the Arun local authority area.
• The October 2020 sale price of £264,000 represented a fair market value for the property.
• The size, condition, and specification of 3 NORTH AVENUE SOUTH has not materially changed since October 2020.

How Large is 3 NORTH AVENUE SOUTH?

3 NORTH AVENUE SOUTH is 82m² according to the EPC inspection conducted in July 2011. This puts it in the smallest 20% of terraced houses houses in Bognor Regis, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Bognor Regis, and where 3 NORTH AVENUE SOUTH lies on this distribution: 19% of terraced houses houses are smaller than 3 NORTH AVENUE SOUTH, and 81% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

3 NORTH AVENUE SOUTH: Plot and Title Map

3 NORTH AVENUE SOUTH sits on a plot of roughly 0.030 of an acre, or 121m². The below map shows the location of 3 NORTH AVENUE SOUTH, 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 3 NORTH AVENUE SOUTH). 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 3 NORTH AVENUE SOUTH?

3 NORTH AVENUE SOUTH is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 3 on NORTH AVENUE SOUTH.