2, COTTAGE CLOSE, BOGNOR REGIS, PO21 3HH - £267,000

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

2 COTTAGE CLOSE is a very small detached house of 55m², built sometime between 1967 and 1975. It was last sold for £267,000 in October 2018, which was around 43% below the average October 2018 detached price in the Arun local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was B.

2 COTTAGE CLOSE Sold Prices

Land registry data shows four sales for 2 COTTAGE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Arun local authority area for the corresponding sale date. All of the four 2 COTTAGE 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
2018 31 OCT	£267,000	£464,432	43% below HPI
1999 8 JUN	£84,950	£132,420	36% below HPI
1997 4 FEB	£71,000	£102,734	31% below HPI
1996 22 APR	£73,350	£94,639	22% below HPI

2 COTTAGE 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 four 2 COTTAGE CLOSE sales between April 1996 and October 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 June 1999 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the October 2018 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 2 COTTAGE CLOSE?

2 COTTAGE CLOSE is 55m² according to the EPC inspection conducted in September 2018. This puts it in the smallest 10% 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 2 COTTAGE CLOSE lies on this distribution: 1% of detached houses are smaller than 2 COTTAGE CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

2 COTTAGE CLOSE: Plot and Title Map

2 COTTAGE CLOSE sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of 2 COTTAGE 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 2 COTTAGE 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 2 COTTAGE CLOSE?

2 COTTAGE CLOSE is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 2 on COTTAGE CLOSE.