23, MARGARET CLOSE, BOGNOR REGIS, PO21 3AA - £370,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

23 MARGARET CLOSE is a midsized detached house of 120m², built sometime between 1983 and 1990. It was last sold for £370,000 in August 2015, which was around 4% below the average August 2015 detached price in the Arun local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

23 MARGARET CLOSE Sold Prices

Land registry data shows two sales for 23 MARGARET 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. One of the two 23 MARGARET CLOSE sales was for below the average price, whilst the other was for above 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 13 AUG	£370,000	£387,207	4% below HPI
2002 12 APR	£230,000	£204,426	13% above HPI

23 MARGARET 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 23 MARGARET CLOSE sales from April 2002 and August 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 2002 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the August 2015 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 23 MARGARET CLOSE?

23 MARGARET CLOSE is 120m² according to the EPC inspection conducted in March 2015. This puts it in the largest 50% 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 23 MARGARET CLOSE lies on this distribution: 57% of detached houses are smaller than 23 MARGARET CLOSE, and 42% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

23 MARGARET CLOSE: Plot and Title Map

23 MARGARET CLOSE sits on a plot of roughly 0.159 of an acre, or 643m². The below map shows the location of 23 MARGARET 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 23 MARGARET 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 23 MARGARET CLOSE?

23 MARGARET CLOSE is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 23 on MARGARET CLOSE.