2, RAYCROFT CLOSE, BOGNOR REGIS, PO21 3DG - £515,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

2 RAYCROFT CLOSE is a small detached house of 92m², built sometime between 1976 and 1982. It was last sold for £515,000 in August 2022, which was around 7% below the average August 2022 detached price in the Arun local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.

2 RAYCROFT CLOSE Sold Prices

Land registry data shows two sales for 2 RAYCROFT 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 RAYCROFT 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
2022 5 AUG	£515,000	£550,948	7% below HPI
2020 5 NOV	£342,500	£482,191	29% below HPI

2 RAYCROFT 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 RAYCROFT CLOSE sales from November 2020 and August 2022 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 November 2020 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the August 2022 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 2 RAYCROFT CLOSE?

2 RAYCROFT CLOSE is 92m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 40% 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 RAYCROFT CLOSE lies on this distribution: 30% of detached houses are smaller than 2 RAYCROFT CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

2 RAYCROFT CLOSE: Plot and Title Map

2 RAYCROFT CLOSE sits on a plot of roughly 0.083 of an acre, or 334m². The below map shows the location of 2 RAYCROFT 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 RAYCROFT 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 RAYCROFT CLOSE?

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