2, HUGHES CLOSE, BOGNOR REGIS, PO21 5RU - £375,000

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 HUGHES CLOSE is a very small detached house of 70m², built sometime between 1950 and 1966. It was last sold for £375,000 in October 2016, which was around 12% below the average October 2016 detached price in the Arun local authority area. The most recent EPC inspection was October 2014, where the current energy rating was C, and the potential energy rating was B.

2 HUGHES CLOSE Sold Prices

Land registry data shows three sales for 2 HUGHES CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Arun local authority area for the corresponding sale date. All of the three 2 HUGHES 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 21 OCT	£375,000	£424,961	12% below HPI
2014 5 DEC	£300,000	£373,903	20% below HPI
2000 21 DEC	£133,000	£175,983	24% below HPI

2 HUGHES 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 three 2 HUGHES CLOSE sales between December 2000 and October 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 December 2014 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the October 2016 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 2 HUGHES CLOSE?

2 HUGHES CLOSE is 70m² according to the EPC inspection conducted in October 2014. 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 HUGHES CLOSE lies on this distribution: 8% of detached houses are smaller than 2 HUGHES CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

2 HUGHES CLOSE: Plot and Title Map

2 HUGHES CLOSE sits on a plot of roughly 0.157 of an acre, or 634m². The below map shows the location of 2 HUGHES 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 HUGHES 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 HUGHES CLOSE?

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