2, ELM CLOSE, BOGNOR REGIS, PO21 4RP - £269,995

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

2 ELM CLOSE is a very small detached house of 75m², built sometime between 1967 and 1975. It was last sold for £269,995 in March 2016, which was around 34% below the average March 2016 detached price in the Arun local authority area. The most recent EPC inspection was December 2014, where the current energy rating was D, and the potential energy rating was B.

2 ELM CLOSE Sold Prices

Land registry data shows two sales for 2 ELM 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 2 ELM 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
2016 11 MAR	£269,995	£410,492	34% below HPI
1995 23 JUN	£66,000	£96,218	31% below HPI

2 ELM 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 2 ELM CLOSE sales from June 1995 and March 2016 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 1995 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the March 2016 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 2 ELM CLOSE?

2 ELM CLOSE is 75m² according to the EPC inspection conducted in December 2014. This puts it in the smallest 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 2 ELM CLOSE lies on this distribution: 12% of detached houses are smaller than 2 ELM CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

2 ELM CLOSE: Plot and Title Map

2 ELM CLOSE sits on a plot of roughly 0.105 of an acre, or 426m². The below map shows the location of 2 ELM 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 ELM 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 ELM CLOSE?

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