2, SUMMERHILL CLOSE, BOGNOR REGIS, PO22 6AU - £348,500

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

2 SUMMERHILL CLOSE is a very small detached house of 79m², built sometime between 1967 and 1975. It was last sold for £348,500 in January 2019, which was around 23% below the average January 2019 detached price in the Arun local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was B.

2 SUMMERHILL CLOSE Sold Prices

Land registry data shows two sales for 2 SUMMERHILL 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 SUMMERHILL 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
2019 18 JAN	£348,500	£451,764	23% below HPI
1998 27 MAR	£77,000	£118,162	35% below HPI

2 SUMMERHILL 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 SUMMERHILL CLOSE sales from March 1998 and January 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 March 1998 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the January 2019 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 2 SUMMERHILL CLOSE?

2 SUMMERHILL CLOSE is 79m² according to the EPC inspection conducted in September 2018. This puts it in the smallest 20% 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 SUMMERHILL CLOSE lies on this distribution: 17% of detached houses are smaller than 2 SUMMERHILL CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

2 SUMMERHILL CLOSE: Plot and Title Map

2 SUMMERHILL CLOSE sits on a plot of roughly 0.094 of an acre, or 382m². The below map shows the location of 2 SUMMERHILL 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 SUMMERHILL 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 SUMMERHILL CLOSE?

2 SUMMERHILL CLOSE is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 2 on SUMMERHILL CLOSE.