15, PRIORY CLOSE, BOGNOR REGIS, PO21 4HH - £590,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

15 PRIORY CLOSE is a very large detached house of 194m², built sometime between 1950 and 1966, which could now be worth an estimated £725,330. It was last sold for £590,000 in August 2019, which was around 26% above the average August 2019 detached price in the Arun local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was C.

15 PRIORY CLOSE Sold Prices

Land registry data shows two sales for 15 PRIORY 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 15 PRIORY 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
2019 16 AUG	£590,000	£467,479	26% above HPI
2006 21 SEP	£395,000	£315,451	25% above HPI

15 PRIORY 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 15 PRIORY CLOSE sales from September 2006 and August 2019 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 September 2006 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the August 2019 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might 15 PRIORY CLOSE be worth now?

15 PRIORY CLOSE might now be worth an estimated £725,330.

This is based on house price inflation of 22.9%, between August 2019 and February 2025, for detached houses, in the Arun local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 22.9% inflationary increase is applied to the most recent sale price for 15 PRIORY CLOSE of £590,000 on 16th August 2019. For the value to have increased from £590,000 to £725,330 over the six years and six months to February 2025, the following assumptions must hold true:

• The value of 15 PRIORY CLOSE has moved in line with the HPI for detached houses in the Arun local authority area.
• The August 2019 sale price of £590,000 represented a fair market value for the property.
• The size, condition, and specification of 15 PRIORY CLOSE has not materially changed since August 2019.

How Large is 15 PRIORY CLOSE?

15 PRIORY CLOSE is 194m² according to the EPC inspection conducted in April 2019. This puts it in the largest 10% of detached houses houses in Bognor Regis, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bognor Regis, and where 15 PRIORY CLOSE lies on this distribution: 92% of detached houses houses are smaller than 15 PRIORY CLOSE, and 8% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

15 PRIORY CLOSE: Plot and Title Map

15 PRIORY CLOSE sits on a plot of roughly 0.268 of an acre, or 1,086m². The below map shows the location of 15 PRIORY 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 15 PRIORY 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 15 PRIORY CLOSE?

15 PRIORY CLOSE is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 15 on PRIORY CLOSE.