1, DOWNLANDS CLOSE, BOGNOR REGIS, PO21 3QA - £417,500

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.

1 DOWNLANDS CLOSE is a large extended detached house of 150m², built sometime between 1967 and 1975, which could now be worth an estimated £648,568. It was last sold for £417,500 in July 2014, which was around 13% above the average July 2014 detached price in the Arun local authority area. The most recent EPC inspection was August 2012, where the current energy rating was D, and the potential energy rating was C.

1 DOWNLANDS CLOSE Sold Prices

Land registry data shows two sales for 1 DOWNLANDS 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 DOWNLANDS CLOSE 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
2014 29 JUL	£417,500	£369,953	13% above HPI
1999 7 MAY	£169,950	£135,531	25% above HPI

1 DOWNLANDS 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 DOWNLANDS CLOSE sales from May 1999 and July 2014 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 1999 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the July 2014 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 1 DOWNLANDS CLOSE be worth now?

1 DOWNLANDS CLOSE might now be worth an estimated £648,568.

This is based on house price inflation of 55.3%, between July 2014 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 55.3% inflationary increase is applied to the most recent sale price for 1 DOWNLANDS CLOSE of £417,500 on 29th July 2014. For the value to have increased from £417,500 to £648,568 over the eleven years and five months to February 2025, the following assumptions must hold true:

• The value of 1 DOWNLANDS CLOSE has moved in line with the HPI for detached houses in the Arun local authority area.
• The July 2014 sale price of £417,500 represented a fair market value for the property.
• The size, condition, and specification of 1 DOWNLANDS CLOSE has not materially changed since July 2014.

How Large is 1 DOWNLANDS CLOSE?

1 DOWNLANDS CLOSE is 150m², which includes two extensions, according to the EPC inspection conducted in August 2012. This puts it in the largest 30% 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 DOWNLANDS CLOSE lies on this distribution: 77% of detached houses houses are smaller than 1 DOWNLANDS CLOSE, and 22% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

1 DOWNLANDS CLOSE: Plot and Title Map

1 DOWNLANDS CLOSE sits on a plot of roughly 0.250 of an acre, or 1,011m². The below map shows the location of 1 DOWNLANDS 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 DOWNLANDS 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 DOWNLANDS CLOSE?

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