11, PENN CLOSE, BOGNOR REGIS, PO22 7SG - £435,000

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

11 PENN CLOSE is a very small detached house of 74m², built sometime between 1991 and 1995. It was last sold for £435,000 in November 2018, which was around 6% below the average November 2018 detached price in the Arun local authority area. The most recent EPC inspection was January 2010, where the current energy rating was D, and the potential energy rating was C.

11 PENN CLOSE Sold Prices

Land registry data shows three sales for 11 PENN 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. The three 11 PENN CLOSE sales were a mix of below the average price, and 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 14 NOV	£435,000	£460,722	6% below HPI
2010 11 NOV	£300,000	£320,967	7% below HPI
2007 7 AUG	£337,000	£337,588	Close to HPI

11 PENN 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 PENN CLOSE sales between August 2007 and November 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 November 2010 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the November 2018 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 11 PENN CLOSE?

11 PENN CLOSE is 74m² according to the EPC inspection conducted in January 2010. 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 11 PENN CLOSE lies on this distribution: 11% of detached houses are smaller than 11 PENN CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

11 PENN CLOSE: Plot and Title Map

11 PENN CLOSE sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 11 PENN 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 PENN 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 PENN CLOSE?

11 PENN CLOSE is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 11 on PENN CLOSE.