2, HORNBEAM CLOSE, BOGNOR REGIS, PO21 4AH - £535,000

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

2 HORNBEAM CLOSE is a midsized extended detached house of 115m², built sometime between 1967 and 1975. It was last sold for £535,000 in September 2019, which was around 17% above the average September 2019 detached price in the Arun local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was B.

2 HORNBEAM CLOSE Sold Prices

Land registry data shows two sales for 2 HORNBEAM 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 HORNBEAM 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 17 SEP	£535,000	£456,001	17% above HPI
2001 1 AUG	£280,000	£194,413	44% above HPI

2 HORNBEAM 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 HORNBEAM CLOSE sales from August 2001 and September 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 August 2001 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the September 2019 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is 2 HORNBEAM CLOSE?

2 HORNBEAM CLOSE is 115m², which includes one extension, according to the EPC inspection conducted in May 2018. This puts it in the largest 50% 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 HORNBEAM CLOSE lies on this distribution: 53% of detached houses are smaller than 2 HORNBEAM CLOSE, and 47% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

2 HORNBEAM CLOSE: Plot and Title Map

2 HORNBEAM CLOSE sits on a plot of roughly 0.205 of an acre, or 830m². The below map shows the location of 2 HORNBEAM 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 HORNBEAM 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 HORNBEAM CLOSE?

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