1, MAYFIELD CLOSE, BOGNOR REGIS, PO21 3NU - £138,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 MAYFIELD CLOSE is a very small detached house of 74m², built sometime between 1950 and 1966. It was last sold for £138,000 in September 2001, which was around 31% below the average September 2001 detached price in the Arun local authority area. The most recent EPC inspection was November 2019, where the current energy rating was D, and the potential energy rating was B.

1 MAYFIELD CLOSE Sold Prices

Land registry data shows two sales for 1 MAYFIELD 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 MAYFIELD 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
2001 29 SEP	£138,000	£198,889	31% below HPI
1997 25 APR	£65,000	£104,358	38% below HPI

1 MAYFIELD 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 MAYFIELD CLOSE sales from April 1997 and September 2001 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 1997 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the September 2001 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 1 MAYFIELD CLOSE?

1 MAYFIELD CLOSE is 74m² according to the EPC inspection conducted in November 2019. This puts it in the smallest 20% 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 MAYFIELD CLOSE lies on this distribution: 11% of detached houses are smaller than 1 MAYFIELD CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

1 MAYFIELD CLOSE: Plot and Title Map

1 MAYFIELD CLOSE sits on a plot of roughly 0.087 of an acre, or 354m². The below map shows the location of 1 MAYFIELD 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 MAYFIELD 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 MAYFIELD CLOSE?

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