3, MARCH CLOSE, BOGNOR REGIS, PO21 3DF - £380,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 MARCH CLOSE is a large detached house of 151m², built sometime between 2003 and 2006, which could now be worth an estimated £527,134. It was last sold for £380,000 in November 2015, which was around 8% below the average November 2015 detached price in the Arun local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was B.

3 MARCH CLOSE Sold Prices

Land registry data shows three sales for 3 MARCH 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. Two of the three 3 MARCH CLOSE sales were for below the average price, whilst one 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
2015 3 NOV	£380,000	£414,294	8% below HPI
2011 20 JAN	£345,000	£321,333	7% above HPI
2007 25 SEP	£324,800	£351,986	8% below HPI

3 MARCH 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 MARCH CLOSE sales between September 2007 and November 2015 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 January 2011 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the November 2015 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 3 MARCH CLOSE be worth now?

3 MARCH CLOSE might now be worth an estimated £527,134.

This is based on house price inflation of 38.7%, between November 2015 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 38.7% inflationary increase is applied to the most recent sale price for 3 MARCH CLOSE of £380,000 on 3rd November 2015. For the value to have increased from £380,000 to £527,134 over the ten years and nine months to February 2025, the following assumptions must hold true:

• The value of 3 MARCH CLOSE has moved in line with the HPI for detached houses in the Arun local authority area.
• The November 2015 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of 3 MARCH CLOSE has not materially changed since November 2015.

How Large is 3 MARCH CLOSE?

3 MARCH CLOSE is 151m² according to the EPC inspection conducted in July 2022. This puts it in the largest 30% 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 MARCH CLOSE lies on this distribution: 78% of detached houses houses are smaller than 3 MARCH CLOSE, and 22% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

3 MARCH CLOSE: Plot and Title Map

3 MARCH CLOSE sits on a plot of roughly 0.117 of an acre, or 473m². The below map shows the location of 3 MARCH 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 MARCH 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 MARCH CLOSE?

3 MARCH CLOSE is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 3 on MARCH CLOSE.