10, GREYFRIARS CLOSE, BOGNOR REGIS, PO21 5RH - £275,000

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

10 GREYFRIARS CLOSE is a small extended detached house of 94m², built sometime between 1967 and 1975, which could now be worth an estimated £472,013. It was last sold for £275,000 in March 2013, which was around 18% below the average March 2013 detached price in the Arun local authority area. The most recent EPC inspection was December 2012, where the current energy rating was D, and the potential energy rating was B.

10 GREYFRIARS CLOSE Sold Prices

Land registry data shows two sales for 10 GREYFRIARS 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 10 GREYFRIARS 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
2013 13 MAR	£275,000	£334,830	18% below HPI
2006 6 MAR	£255,000	£298,570	15% below HPI

10 GREYFRIARS 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 10 GREYFRIARS CLOSE sales from March 2006 and March 2013 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 March 2006 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the March 2013 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 10 GREYFRIARS CLOSE be worth now?

10 GREYFRIARS CLOSE might now be worth an estimated £472,013.

This is based on house price inflation of 71.6%, between March 2013 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 71.6% inflationary increase is applied to the most recent sale price for 10 GREYFRIARS CLOSE of £275,000 on 13th March 2013. For the value to have increased from £275,000 to £472,013 over the twelve years and one month to February 2025, the following assumptions must hold true:

• The value of 10 GREYFRIARS CLOSE has moved in line with the HPI for detached houses in the Arun local authority area.
• The March 2013 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 10 GREYFRIARS CLOSE has not materially changed since March 2013.

How Large is 10 GREYFRIARS CLOSE?

10 GREYFRIARS CLOSE is 94m², which includes one extension, according to the EPC inspection conducted in December 2012. This puts it in the smallest 40% 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 10 GREYFRIARS CLOSE lies on this distribution: 32% of detached houses houses are smaller than 10 GREYFRIARS CLOSE, and 67% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

10 GREYFRIARS CLOSE: Plot and Title Map

10 GREYFRIARS CLOSE sits on a plot of roughly 0.131 of an acre, or 529m². The below map shows the location of 10 GREYFRIARS 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 10 GREYFRIARS 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 10 GREYFRIARS CLOSE?

10 GREYFRIARS CLOSE is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 10 on GREYFRIARS CLOSE.