3, FRIARY CLOSE, BOGNOR REGIS, PO22 6PB - £387,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 FRIARY CLOSE is a large detached house of 133m², built sometime between 1983 and 1990, which could now be worth an estimated £471,366. It was last sold for £387,000 in March 2020, which was around 18% below the average March 2020 detached price in the Arun local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was B.

3 FRIARY CLOSE Sold Prices

Land registry data shows three sales for 3 FRIARY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Arun local authority area for the corresponding sale date. One of the three 3 FRIARY CLOSE sales was for below the average price, whilst two were 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
2020 5 MAR	£387,000	£471,844	18% below HPI
2002 22 AUG	£246,000	£235,716	4% above HPI
2000 7 APR	£180,000	£171,826	5% above HPI

3 FRIARY 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 three 3 FRIARY CLOSE sales between April 2000 and March 2020 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 August 2002 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the March 2020 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 3 FRIARY CLOSE be worth now?

3 FRIARY CLOSE might now be worth an estimated £471,366.

This is based on house price inflation of 21.8%, between March 2020 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 21.8% inflationary increase is applied to the most recent sale price for 3 FRIARY CLOSE of £387,000 on 5th March 2020. For the value to have increased from £387,000 to £471,366 over the five years and one month to February 2025, the following assumptions must hold true:

• The value of 3 FRIARY CLOSE has moved in line with the HPI for detached houses in the Arun local authority area.
• The March 2020 sale price of £387,000 represented a fair market value for the property.
• The size, condition, and specification of 3 FRIARY CLOSE has not materially changed since March 2020.

How Large is 3 FRIARY CLOSE?

3 FRIARY CLOSE is 133m² according to the EPC inspection conducted in April 2019. This puts it in the largest 40% 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 3 FRIARY CLOSE lies on this distribution: 66% of detached houses houses are smaller than 3 FRIARY CLOSE, and 33% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

3 FRIARY CLOSE: Plot and Title Map

3 FRIARY CLOSE sits on a plot of roughly 0.123 of an acre, or 499m². The below map shows the location of 3 FRIARY 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 3 FRIARY 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 3 FRIARY CLOSE?

3 FRIARY CLOSE is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 3 on FRIARY CLOSE.