1, EAST CLOSE, BOGNOR REGIS, PO22 7RS - £850,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

1 EAST CLOSE is a very large extended detached house of 197m², built sometime between 1930 and 1949. It was last sold for £850,000 in December 2021, which was around 62% above the average December 2021 detached price in the Arun local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was C.

1 EAST CLOSE Sold Prices

Land registry data shows two sales for 1 EAST 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 EAST 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
2021 9 DEC	£850,000	£525,540	62% above HPI
1996 17 MAY	£130,000	£96,408	35% above HPI

1 EAST 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 EAST CLOSE sales from May 1996 and December 2021 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 1996 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the December 2021 sale, where it rises to 62% above the HPI. The line then continues to track at 62% above the HPI.

How Large is 1 EAST CLOSE?

1 EAST CLOSE is 197m², which includes one extension, according to the EPC inspection conducted in August 2021. This puts it in the largest 10% 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 1 EAST CLOSE lies on this distribution: 92% of detached houses are smaller than 1 EAST CLOSE, and 7% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

1 EAST CLOSE: Plot and Title Map

1 EAST CLOSE sits on a plot of roughly 0.238 of an acre, or 964m². The below map shows the location of 1 EAST 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 EAST 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 EAST CLOSE?

1 EAST CLOSE is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 1 on EAST CLOSE.