3, WALSHAM CLOSE, BOGNOR REGIS, PO22 8EP - £310,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 WALSHAM CLOSE is a small detached house of 92m², built sometime between 1950 and 1966, which could now be worth an estimated £379,331. It was last sold for £310,000 in April 2019, which was around 34% below the average April 2019 detached price in the Arun local authority area. The most recent EPC inspection was April 2009, where the current energy rating was D, and the potential energy rating was C.

3 WALSHAM CLOSE Sold Prices

Land registry data shows three sales for 3 WALSHAM 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. All of the three 3 WALSHAM 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
2019 18 APR	£310,000	£469,666	34% below HPI
1997 30 MAY	£84,600	£110,068	23% below HPI
1996 11 MAR	£74,995	£98,600	24% below HPI

3 WALSHAM 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 WALSHAM CLOSE sales between March 1996 and April 2019 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 May 1997 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the April 2019 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 3 WALSHAM CLOSE be worth now?

3 WALSHAM CLOSE might now be worth an estimated £379,331.

This is based on house price inflation of 22.4%, between April 2019 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 22.4% inflationary increase is applied to the most recent sale price for 3 WALSHAM CLOSE of £310,000 on 18th April 2019. For the value to have increased from £310,000 to £379,331 over the six years and two months to February 2025, the following assumptions must hold true:

• The value of 3 WALSHAM CLOSE has moved in line with the HPI for detached houses in the Arun local authority area.
• The April 2019 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 3 WALSHAM CLOSE has not materially changed since April 2019.

How Large is 3 WALSHAM CLOSE?

3 WALSHAM CLOSE is 92m² according to the EPC inspection conducted in April 2009. This puts it in the smallest 40% 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 WALSHAM CLOSE lies on this distribution: 30% of detached houses houses are smaller than 3 WALSHAM CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

3 WALSHAM CLOSE: Plot and Title Map

3 WALSHAM CLOSE sits on a plot of roughly 0.138 of an acre, or 557m². The below map shows the location of 3 WALSHAM 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 WALSHAM 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 WALSHAM CLOSE?

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