3, HEDGEROW CLOSE, FELPHAM, BOGNOR REGIS, PO22 8BP - £320,000

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

3 HEDGEROW CLOSE is a midsized detached house of 105m², built sometime between 2007 and 2011. It was last sold for £320,000 in April 2016, which was around 22% below the average April 2016 detached price in the Arun local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was B.

3 HEDGEROW CLOSE Sold Prices

Land registry data shows two sales for 3 HEDGEROW 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 3 HEDGEROW 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
2016 21 APR	£320,000	£409,691	22% below HPI
2011 22 DEC	£319,950	£312,686	2% above HPI

3 HEDGEROW 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 3 HEDGEROW CLOSE sales from December 2011 and April 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 December 2011 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the April 2016 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 3 HEDGEROW CLOSE?

3 HEDGEROW CLOSE is 105m² according to the EPC inspection conducted in April 2023. This puts it in the smallest 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 3 HEDGEROW CLOSE lies on this distribution: 43% of detached houses are smaller than 3 HEDGEROW CLOSE, and 56% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

3 HEDGEROW CLOSE: Plot and Title Map

3 HEDGEROW CLOSE sits on a plot of roughly 0.112 of an acre, or 453m². The below map shows the location of 3 HEDGEROW 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 HEDGEROW 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 HEDGEROW CLOSE?

3 HEDGEROW CLOSE is located in FELPHAM, in the PO22 postcode district. The below map shows the position of No. 3 on HEDGEROW CLOSE.