1, SHERWOOD CLOSE, BOGNOR REGIS, PO22 9DT - £347,000

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 SHERWOOD CLOSE is a small detached house of 100m², built sometime between 1950 and 1966. It was last sold for £347,000 in October 2021, which was around 33% below the average October 2021 detached price in the Arun local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was B.

1 SHERWOOD CLOSE Sold Prices

Land registry data shows two sales for 1 SHERWOOD 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 SHERWOOD 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
2021 29 OCT	£347,000	£515,617	33% below HPI
1998 25 NOV	£90,400	£131,925	31% below HPI

1 SHERWOOD 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 SHERWOOD CLOSE sales from November 1998 and October 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 November 1998 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the October 2021 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 1 SHERWOOD CLOSE?

1 SHERWOOD CLOSE is 100m² according to the EPC inspection conducted in September 2021. This puts it in the smallest 40% 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 SHERWOOD CLOSE lies on this distribution: 39% of detached houses are smaller than 1 SHERWOOD CLOSE, and 60% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

1 SHERWOOD CLOSE: Plot and Title Map

1 SHERWOOD CLOSE sits on a plot of roughly 0.111 of an acre, or 451m². The below map shows the location of 1 SHERWOOD 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 SHERWOOD 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 SHERWOOD CLOSE?

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