2, NURSERY CLOSE, BARNHAM, BOGNOR REGIS, PO22 0JY - £275,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 NURSERY CLOSE is a midsized extended detached house of 118m², built sometime between 1967 and 1975, which could now be worth an estimated £394,338. It was last sold for £275,000 in May 2015, which was around 31% below the average May 2015 detached price in the Arun local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was C.

2 NURSERY CLOSE Sold Prices

Land registry data shows two sales for 2 NURSERY 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 NURSERY 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
2015 5 MAY	£275,000	£400,783	31% below HPI
2008 24 APR	£270,000	£351,788	23% below HPI

2 NURSERY 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 NURSERY CLOSE sales from April 2008 and May 2015 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 April 2008 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the May 2015 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 2 NURSERY CLOSE be worth now?

2 NURSERY CLOSE might now be worth an estimated £394,338.

This is based on house price inflation of 43.4%, between May 2015 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 43.4% inflationary increase is applied to the most recent sale price for 2 NURSERY CLOSE of £275,000 on 5th May 2015. For the value to have increased from £275,000 to £394,338 over the ten years and three months to February 2025, the following assumptions must hold true:

• The value of 2 NURSERY CLOSE has moved in line with the HPI for detached houses in the Arun local authority area.
• The May 2015 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 2 NURSERY CLOSE has not materially changed since May 2015.

How Large is 2 NURSERY CLOSE?

2 NURSERY CLOSE is 118m², which includes one extension, according to the EPC inspection conducted in September 2014. This puts it in the largest 50% of detached houses houses in West Barnham, based on EPC data. The below chart shows the distribution of detached houses houses by size in West Barnham, and where 2 NURSERY CLOSE lies on this distribution: 50% of detached houses houses are smaller than 2 NURSERY CLOSE, and 50% of houses are larger. Note that EPC data is not available for all properties in West Barnham.

2 NURSERY CLOSE: Plot and Title Map

2 NURSERY CLOSE sits on a plot of roughly 0.067 of an acre, or 273m². The below map shows the location of 2 NURSERY 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 NURSERY 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 NURSERY CLOSE?

2 NURSERY CLOSE is located in BARNHAM, in the PO22 postcode district. The below map shows the position of No. 2 on NURSERY CLOSE.