25, LODGE CLOSE, BOGNOR REGIS, PO22 6NF - £342,500

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

25 LODGE CLOSE is a small extended detached house of 85m², built sometime between 1983 and 1990. It was last sold for £342,500 in January 2022, which was around 36% below the average January 2022 detached price in the Arun local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.

25 LODGE CLOSE Sold Prices

Land registry data shows two sales for 25 LODGE 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 25 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
2022 19 JAN	£342,500	£531,669	36% below HPI
1998 18 DEC	£92,000	£132,616	31% below HPI

25 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 two 25 LODGE CLOSE sales from December 1998 and January 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 December 1998 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the January 2022 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 25 LODGE CLOSE?

25 LODGE CLOSE is 85m², which includes one extension, according to the EPC inspection conducted in February 2020. This puts it in the smallest 30% 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 25 LODGE CLOSE lies on this distribution: 23% of detached houses are smaller than 25 LODGE CLOSE, and 76% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

25 LODGE CLOSE: Plot and Title Map

25 LODGE CLOSE sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 25 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 25 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 25 LODGE CLOSE?

25 LODGE CLOSE is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 25 on LODGE CLOSE.