3, MARTINEAU CLOSE, BOGNOR REGIS, PO21 4BT - £750,000

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

3 MARTINEAU CLOSE is a large detached house of 137m², built sometime between 1967 and 1975. It was last sold for £750,000 in February 2024, which was around 38% above the average February 2024 detached price in the Arun local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was C.

3 MARTINEAU CLOSE Sold Prices

Land registry data shows two sales for 3 MARTINEAU 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. Both of the two 3 MARTINEAU CLOSE sales 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
2024 6 FEB	£750,000	£544,705	38% above HPI
2010 30 NOV	£480,000	£320,967	50% above HPI

3 MARTINEAU 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 MARTINEAU CLOSE sales from November 2010 and February 2024 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 November 2010 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the February 2024 sale, where it falls to 38% above the HPI. The line then continues to track at 38% above the HPI.

How Large is 3 MARTINEAU CLOSE?

3 MARTINEAU CLOSE is 137m² according to the EPC inspection conducted in March 2023. This puts it in the largest 40% 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 MARTINEAU CLOSE lies on this distribution: 69% of detached houses are smaller than 3 MARTINEAU CLOSE, and 30% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

3 MARTINEAU CLOSE: Plot and Title Map

3 MARTINEAU CLOSE sits on a plot of roughly 0.160 of an acre, or 647m². The below map shows the location of 3 MARTINEAU 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 MARTINEAU 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 MARTINEAU CLOSE?

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