1, FOLLETT CLOSE, BOGNOR REGIS, PO21 4XH - £440,000

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 FOLLETT CLOSE is a midsized extended detached house of 102m², built sometime between 1967 and 1975, which could now be worth an estimated £530,295. It was last sold for £440,000 in December 2018, which was around 8% below the average December 2018 detached price in the Arun local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was C.

1 FOLLETT CLOSE Sold Prices

Land registry data shows two sales for 1 FOLLETT 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. One of the two 1 FOLLETT CLOSE sales was for below the average price, whilst the other was roughly equal to 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
2018 7 DEC	£440,000	£476,849	8% below HPI
2007 23 AUG	£350,000	£350,223	Close to HPI

1 FOLLETT 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 FOLLETT CLOSE sales from August 2007 and December 2018 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 August 2007 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the December 2018 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 1 FOLLETT CLOSE be worth now?

1 FOLLETT CLOSE might now be worth an estimated £530,295.

This is based on house price inflation of 20.5%, between December 2018 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 20.5% inflationary increase is applied to the most recent sale price for 1 FOLLETT CLOSE of £440,000 on 7th December 2018. For the value to have increased from £440,000 to £530,295 over the seven years and ten months to February 2025, the following assumptions must hold true:

• The value of 1 FOLLETT CLOSE has moved in line with the HPI for detached houses in the Arun local authority area.
• The December 2018 sale price of £440,000 represented a fair market value for the property.
• The size, condition, and specification of 1 FOLLETT CLOSE has not materially changed since December 2018.

How Large is 1 FOLLETT CLOSE?

1 FOLLETT CLOSE is 102m², which includes two extensions, according to the EPC inspection conducted in February 2017. This puts it in the smallest 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 FOLLETT CLOSE lies on this distribution: 40% of detached houses houses are smaller than 1 FOLLETT CLOSE, and 59% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

1 FOLLETT CLOSE: Plot and Title Map

1 FOLLETT CLOSE sits on a plot of roughly 0.161 of an acre, or 653m². The below map shows the location of 1 FOLLETT 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 FOLLETT 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 FOLLETT CLOSE?

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