12, EAST CLOSE, BOGNOR REGIS, PO22 7RS - £645,000

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 EAST CLOSE is a very large extended detached house of 172m², built sometime between 1930 and 1949. It was last sold for £645,000 in April 2017, which was around 51% above the average April 2017 detached price in the Arun local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was C.

12 EAST CLOSE Sold Prices

Land registry data shows two sales for 12 EAST 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 12 EAST CLOSE sales were for above 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
2017 12 APR	£645,000	£427,213	51% above HPI
2015 10 JUL	£465,000	£388,324	20% above HPI

12 EAST 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 EAST CLOSE sales from July 2015 and April 2017 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 July 2015 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the April 2017 sale, where it rises to 51% above the HPI. The line then continues to track at 51% above the HPI.

How Large is 12 EAST CLOSE?

12 EAST CLOSE is 172m², which includes two extensions, according to the EPC inspection conducted in April 2016. This puts it in the largest 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 12 EAST CLOSE lies on this distribution: 86% of detached houses are smaller than 12 EAST CLOSE, and 13% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

12 EAST CLOSE: Plot and Title Map

12 EAST CLOSE sits on a plot of roughly 0.177 of an acre, or 718m². The below map shows the location of 12 EAST 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 EAST 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 EAST CLOSE?

12 EAST CLOSE is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 12 on EAST CLOSE.