3, LAVENDER CLOSE, BOGNOR REGIS, PO22 6SP - £455,000

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 LAVENDER CLOSE is a large detached house of 140m², built sometime between 1996 and 2002. It was last sold for £455,000 in March 2021, which was around 6% below the average March 2021 detached price in the Arun local authority area. The most recent EPC inspection was February 2012, where the current energy rating was D, and the potential energy rating was D.

3 LAVENDER CLOSE Sold Prices

Land registry data shows three sales for 3 LAVENDER 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 LAVENDER 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
2021 2 MAR	£455,000	£481,909	6% below HPI
1999 16 DEC	£174,950	£151,548	15% above HPI
1997 19 DEC	£137,000	£117,475	17% above HPI

3 LAVENDER 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 LAVENDER CLOSE sales between December 1997 and March 2021 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 1999 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the March 2021 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 3 LAVENDER CLOSE?

3 LAVENDER CLOSE is 140m² according to the EPC inspection conducted in February 2012. This puts it in the largest 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 3 LAVENDER CLOSE lies on this distribution: 71% of detached houses are smaller than 3 LAVENDER CLOSE, and 29% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

3 LAVENDER CLOSE: Plot and Title Map

3 LAVENDER CLOSE sits on a plot of roughly 0.094 of an acre, or 382m². The below map shows the location of 3 LAVENDER 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 LAVENDER 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 LAVENDER CLOSE?

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