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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 HUGHES CLOSE is a very small extended detached house of 77m², built sometime between 1950 and 1966, which could now be worth an estimated £488,843. It was last sold for £375,000 in October 2016, which was around 15% below the average October 2016 detached price in the Arun local authority area. The most recent EPC inspection was January 2025, where the current energy rating was D, 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	£440,867	15% below HPI
2014 5 DEC	£300,000	£387,897	23% below HPI
2000 21 DEC	£133,000	£182,570	27% 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 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the October 2016 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 2 HUGHES CLOSE be worth now?

2 HUGHES CLOSE might now be worth an estimated £488,843.

This is based on house price inflation of 30.4%, between October 2016 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 30.4% inflationary increase is applied to the most recent sale price for 2 HUGHES CLOSE of £375,000 on 21st October 2016. For the value to have increased from £375,000 to £488,843 over the nine years and eight months to February 2025, the following assumptions must hold true:

• The value of 2 HUGHES CLOSE has moved in line with the HPI for detached houses in the Arun local authority area.
• The October 2016 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 2 HUGHES CLOSE has not materially changed since October 2016.

How Large is 2 HUGHES CLOSE?

2 HUGHES CLOSE is 77m², which includes one extension, according to the EPC inspection conducted in January 2025. This puts it in the smallest 20% 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 2 HUGHES CLOSE lies on this distribution: 14% of detached houses houses are smaller than 2 HUGHES CLOSE, and 85% 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.