1, DOWNING CLOSE, BOGNOR REGIS, PO21 5QG - £236,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 DOWNING CLOSE is a midsized extended detached house of 119m², built sometime between 1967 and 1975, which could now be worth an estimated £454,546. It was last sold for £236,000 in August 2004, which was around 21% below the average August 2004 detached price in the Arun local authority area. The most recent EPC inspection was July 2014, where the current energy rating was B, and the potential energy rating was A.

1 DOWNING CLOSE Sold Prices

Land registry data shows two sales for 1 DOWNING CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Arun local authority area for the corresponding sale date. Both of the two 1 DOWNING CLOSE 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
2004 25 AUG	£236,000	£298,387	21% below HPI
1995 19 SEP	£69,500	£98,719	30% below HPI

1 DOWNING CLOSE 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 two 1 DOWNING CLOSE sales from September 1995 and August 2004 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 1995 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the August 2004 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 1 DOWNING CLOSE be worth now?

1 DOWNING CLOSE might now be worth an estimated £454,546.

This is based on house price inflation of 92.6%, between August 2004 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 92.6% inflationary increase is applied to the most recent sale price for 1 DOWNING CLOSE of £236,000 on 25th August 2004. For the value to have increased from £236,000 to £454,546 over the 21 years and six months to February 2025, the following assumptions must hold true:

• The value of 1 DOWNING CLOSE has moved in line with the HPI for detached houses in the Arun local authority area.
• The August 2004 sale price of £236,000 represented a fair market value for the property.
• The size, condition, and specification of 1 DOWNING CLOSE has not materially changed since August 2004.

How Large is 1 DOWNING CLOSE?

1 DOWNING CLOSE is 119m², which includes one extension, according to the EPC inspection conducted in July 2014. This puts it in the largest 50% 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 1 DOWNING CLOSE lies on this distribution: 56% of detached houses houses are smaller than 1 DOWNING CLOSE, and 43% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

1 DOWNING CLOSE: Plot and Title Map

1 DOWNING CLOSE sits on a plot of roughly 0.135 of an acre, or 548m². The below map shows the location of 1 DOWNING CLOSE, 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 1 DOWNING CLOSE). 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 1 DOWNING CLOSE?

1 DOWNING CLOSE is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 1 on DOWNING CLOSE.