3, SATINWOOD CLOSE, BOGNOR REGIS, PO22 6SB - £230,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

3 SATINWOOD CLOSE is a very small extended detached house of 60m², built sometime between 1991 and 1995. It was last sold for £230,000 in May 2018, which was around 49% below the average May 2018 detached price in the Arun local authority area. The most recent EPC inspection was February 2018, where the current energy rating was C, and the potential energy rating was B.

3 SATINWOOD CLOSE Sold Prices

Land registry data shows two sales for 3 SATINWOOD 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 SATINWOOD CLOSE sales were for below 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
2018 30 MAY	£230,000	£449,534	49% below HPI
1996 29 FEB	£56,500	£93,988	40% below HPI

3 SATINWOOD 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 SATINWOOD CLOSE sales from February 1996 and May 2018 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 February 1996 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the May 2018 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is 3 SATINWOOD CLOSE?

3 SATINWOOD CLOSE is 60m², which includes one extension, according to the EPC inspection conducted in February 2018. This puts it in the smallest 10% 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 SATINWOOD CLOSE lies on this distribution: 3% of detached houses are smaller than 3 SATINWOOD CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

3 SATINWOOD CLOSE: Plot and Title Map

3 SATINWOOD CLOSE sits on a plot of roughly 0.045 of an acre, or 183m². The below map shows the location of 3 SATINWOOD 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 SATINWOOD 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 SATINWOOD CLOSE?

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