12, CEDAR CLOSE, BOGNOR REGIS, PO21 3BE - £525,000

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

12 CEDAR CLOSE is a large detached house of 128m², built sometime between 1976 and 1982. It was last sold for £525,000 in February 2018, which was around 17% above the average February 2018 detached price in the Arun local authority area. The most recent EPC inspection was July 2017, where the current energy rating was C, and the potential energy rating was B.

12 CEDAR CLOSE Sold Prices

Land registry data shows two sales for 12 CEDAR 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. One of the two 12 CEDAR CLOSE sales was for above the average price, whilst the other was 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
2018 2 FEB	£525,000	£449,920	17% above HPI
2008 18 FEB	£312,500	£341,749	9% below HPI

12 CEDAR 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 12 CEDAR CLOSE sales from February 2008 and February 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 February 2008 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the February 2018 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is 12 CEDAR CLOSE?

12 CEDAR CLOSE is 128m² according to the EPC inspection conducted in July 2017. This puts it in the largest 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 12 CEDAR CLOSE lies on this distribution: 63% of detached houses are smaller than 12 CEDAR CLOSE, and 36% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

12 CEDAR CLOSE: Plot and Title Map

12 CEDAR CLOSE sits on a plot of roughly 0.146 of an acre, or 590m². The below map shows the location of 12 CEDAR 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 12 CEDAR 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 12 CEDAR CLOSE?

12 CEDAR CLOSE is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 12 on CEDAR CLOSE.