5, THE OAKS, BOGNOR REGIS, PO21 3AE - £373,000

5 THE OAKS is a large extended detached house of 126m², built sometime between 1996 and 2002. It was last sold for £373,000 in September 2012, which was around 11% above the average September 2012 detached price in the Arun local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was C.

5 THE OAKS Sold Prices

Land registry data shows three sales for 5 THE OAKS 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 5 THE OAKS 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
2012 28 SEP	£373,000	£336,530	11% above HPI
2007 27 APR	£349,000	£322,254	8% above HPI
2002 26 SEP	£284,995	£234,032	22% above HPI

5 THE OAKS 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 5 THE OAKS sales between September 2002 and September 2012 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 April 2007 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the September 2012 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 5 THE OAKS?

5 THE OAKS is 126m², which includes one extension, according to the EPC inspection conducted in June 2012. This puts it in the largest 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 5 THE OAKS lies on this distribution: 62% of detached houses are smaller than 5 THE OAKS, and 38% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

5 THE OAKS: Plot and Title Map

5 THE OAKS sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of 5 THE OAKS, 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 5 THE OAKS). 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 5 THE OAKS?

5 THE OAKS is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 5 on THE OAKS.