12, ORIEL CLOSE, BARNHAM, BOGNOR REGIS, PO22 0HN - £325,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

12 ORIEL CLOSE is a small extended detached house of 98m², built sometime between 1950 and 1966. It was last sold for £325,000 in March 2012, which was around 3% above the average March 2012 detached price in the Arun local authority area. The most recent EPC inspection was August 2009, where the current energy rating was C, and the potential energy rating was C.

12 ORIEL CLOSE Sold Prices

Land registry data shows two sales for 12 ORIEL 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 ORIEL 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
2012 9 MAR	£325,000	£315,689	3% above HPI
2002 20 DEC	£225,000	£245,528	8% below HPI

12 ORIEL 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 ORIEL CLOSE sales from December 2002 and March 2012 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 December 2002 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the March 2012 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 12 ORIEL CLOSE?

12 ORIEL CLOSE is 98m², which includes one extension, according to the EPC inspection conducted in August 2009. This puts it in the smallest 40% of detached houses in West Barnham, based on EPC data. The below chart shows the distribution of detached houses by size in West Barnham, and where 12 ORIEL CLOSE lies on this distribution: 36% of detached houses are smaller than 12 ORIEL CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in West Barnham.

12 ORIEL CLOSE: Plot and Title Map

12 ORIEL CLOSE sits on a plot of roughly 0.144 of an acre, or 582m². The below map shows the location of 12 ORIEL 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 ORIEL 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 ORIEL CLOSE?

12 ORIEL CLOSE is located in BARNHAM, in the PO22 postcode district. The below map shows the position of No. 12 on ORIEL CLOSE.