28, LODGE CLOSE, BOGNOR REGIS, PO22 6NF - £275,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

28 LODGE CLOSE is a very small detached house of 76m², built sometime between 1983 and 1990. It was last sold for £275,000 in May 2016, which was around 33% below the average May 2016 detached price in the Arun local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was B.

28 LODGE CLOSE Sold Prices

Land registry data shows five sales for 28 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 28 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
2016 20 MAY	£275,000	£409,936	33% below HPI
2009 22 JUN	£200,000	£275,731	27% below HPI
2006 19 JAN	£195,000	£288,109	32% below HPI
2000 18 APR	£120,000	£165,627	28% below HPI
1998 3 APR	£83,000	£120,060	31% below HPI

28 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 28 LODGE CLOSE sales between April 1998 and May 2016 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 June 2009 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the May 2016 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 28 LODGE CLOSE?

28 LODGE CLOSE is 76m² according to the EPC inspection conducted in January 2016. 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 28 LODGE CLOSE lies on this distribution: 13% of detached houses are smaller than 28 LODGE CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

28 LODGE CLOSE: Plot and Title Map

28 LODGE CLOSE sits on a plot of roughly 0.051 of an acre, or 205m². The below map shows the location of 28 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 28 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 28 LODGE CLOSE?

28 LODGE CLOSE is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 28 on LODGE CLOSE.