11, DOWNLANDS CLOSE, BOGNOR REGIS, PO21 3QA - £640,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

11 DOWNLANDS CLOSE is a small detached house of 98m², built sometime between 1967 and 1975, which could now be worth an estimated £736,499. It was last sold for £640,000 in February 2021, which was around 28% above the average February 2021 detached price in the Arun local authority area. The most recent EPC inspection was April 2014, where the current energy rating was E, and the potential energy rating was C.

11 DOWNLANDS CLOSE Sold Prices

Land registry data shows three sales for 11 DOWNLANDS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Arun local authority area for the corresponding sale date. One of the three 11 DOWNLANDS CLOSE sales was for above the average price, whilst two 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 1 FEB	£640,000	£499,406	28% above HPI
2019 13 SEP	£330,000	£473,068	30% below HPI
2002 31 OCT	£220,000	£247,746	11% below HPI

11 DOWNLANDS 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 three 11 DOWNLANDS CLOSE sales between October 2002 and February 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 September 2019 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the February 2021 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

What might 11 DOWNLANDS CLOSE be worth now?

11 DOWNLANDS CLOSE might now be worth an estimated £736,499.

This is based on house price inflation of 15.1%, between February 2021 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 15.1% inflationary increase is applied to the most recent sale price for 11 DOWNLANDS CLOSE of £640,000 on 1st February 2021. For the value to have increased from £640,000 to £736,499 over the four years to February 2025, the following assumptions must hold true:

• The value of 11 DOWNLANDS CLOSE has moved in line with the HPI for detached houses in the Arun local authority area.
• The February 2021 sale price of £640,000 represented a fair market value for the property.
• The size, condition, and specification of 11 DOWNLANDS CLOSE has not materially changed since February 2021.

How Large is 11 DOWNLANDS CLOSE?

11 DOWNLANDS CLOSE is 98m² according to the EPC inspection conducted in April 2014. 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 11 DOWNLANDS CLOSE lies on this distribution: 36% of detached houses houses are smaller than 11 DOWNLANDS CLOSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

11 DOWNLANDS CLOSE: Plot and Title Map

11 DOWNLANDS CLOSE sits on a plot of roughly 0.161 of an acre, or 652m². The below map shows the location of 11 DOWNLANDS 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 11 DOWNLANDS 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 11 DOWNLANDS CLOSE?

11 DOWNLANDS CLOSE is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 11 on DOWNLANDS CLOSE.