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
13 FARM CLOSE is a small detached house of 98m², built sometime between 1950 and 1966. It was last sold for £463,490 in July 2022, which was around 16% below the average July 2022 detached price in the Arun local authority area. The most recent EPC inspection was April 2022, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows two sales for 13 FARM CLOSE since 1st 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 13 FARM CLOSE sales 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 |
---|---|---|---|
2022 7 JUL | £463,490 | £552,284 | 16% below HPI |
1998 10 AUG | £118,000 | £127,949 | 8% below HPI |
The below graph shows the average detached house price in the Arun local authority area over time, sourced from the HPI. The two 13 FARM CLOSE sales from August 1998 and July 2022 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 August 1998 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the July 2022 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.
13 FARM CLOSE is 98m² according to the EPC inspection conducted in April 2022. This puts it in the smallest 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 13 FARM CLOSE lies on this distribution: 36% of detached houses are smaller than 13 FARM CLOSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.
13 FARM CLOSE sits on a plot of roughly 0.132 of an acre, or 534m². The below map shows the location of 13 FARM 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 13 FARM 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.
13 FARM CLOSE is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 13 on FARM CLOSE.