22, LODGE CLOSE, BOGNOR REGIS, PO22 6NF - £439,000

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.

22 LODGE CLOSE is a small detached house of 88m², built sometime between 1983 and 1990, which could now be worth an estimated £464,960. It was last sold for £439,000 in November 2021, which was around 19% below the average November 2021 detached price in the Arun local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was B.

22 LODGE CLOSE Sold Prices

Land registry data shows five sales for 22 LODGE CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Arun local authority area for the corresponding sale date. All of the five 22 LODGE 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
2021 29 NOV	£439,000	£542,619	19% below HPI
2019 18 DEC	£357,500	£471,191	24% below HPI
2016 22 APR	£310,000	£425,025	27% below HPI
2013 14 NOV	£236,000	£357,051	34% below HPI
2011 25 NOV	£240,000	£326,992	27% below HPI

22 LODGE 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 five 22 LODGE CLOSE sales between November 2011 and November 2021 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 2019 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the November 2021 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 22 LODGE CLOSE be worth now?

22 LODGE CLOSE might now be worth an estimated £464,960.

This is based on house price inflation of 5.9%, between November 2021 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 5.9% inflationary increase is applied to the most recent sale price for 22 LODGE CLOSE of £439,000 on 29th November 2021. For the value to have increased from £439,000 to £464,960 over the four years and nine months to February 2025, the following assumptions must hold true:

• The value of 22 LODGE CLOSE has moved in line with the HPI for detached houses in the Arun local authority area.
• The November 2021 sale price of £439,000 represented a fair market value for the property.
• The size, condition, and specification of 22 LODGE CLOSE has not materially changed since November 2021.

How Large is 22 LODGE CLOSE?

22 LODGE CLOSE is 88m² according to the EPC inspection conducted in August 2021. This puts it in the smallest 30% 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 22 LODGE CLOSE lies on this distribution: 26% of detached houses houses are smaller than 22 LODGE CLOSE, and 73% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

22 LODGE CLOSE: Plot and Title Map

22 LODGE CLOSE sits on a plot of roughly 0.107 of an acre, or 432m². The below map shows the location of 22 LODGE 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 22 LODGE 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 22 LODGE CLOSE?

22 LODGE CLOSE is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 22 on LODGE CLOSE.