3, WEST CLOSE, FELPHAM, BOGNOR REGIS, PO22 7LQ - £805,000

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 WEST CLOSE is a very large extended detached house of 363m², built sometime between 1930 and 1949. It was last sold for £805,000 in June 2019, which was around 78% above the average June 2019 detached price in the Arun local authority area. The most recent EPC inspection was January 2015, where the current energy rating was C, and the potential energy rating was C.

3 WEST CLOSE Sold Prices

Land registry data shows four sales for 3 WEST CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Arun local authority area for the corresponding sale date. All of the four 3 WEST 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
2019 21 JUN	£805,000	£452,823	78% above HPI
2016 22 APR	£799,000	£409,691	95% above HPI
2004 27 FEB	£420,000	£269,455	56% above HPI
1997 23 JUN	£220,000	£106,826	106% above HPI

3 WEST 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 four 3 WEST CLOSE sales between June 1997 and June 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 April 2016 sale was for 95% above the HPI. So the extrapolation line tracks at 95% above the HPI over time, until the June 2019 sale, where it falls to 78% above the HPI. The line then continues to track at 78% above the HPI.

How Large is 3 WEST CLOSE?

3 WEST CLOSE is 363m², which includes two extensions, according to the EPC inspection conducted in January 2015. This puts it in the largest 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 WEST CLOSE lies on this distribution: More than 99% of detached houses are smaller than 3 WEST CLOSE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

3 WEST CLOSE: Plot and Title Map

3 WEST CLOSE sits on a plot of roughly 0.185 of an acre, or 749m². The below map shows the location of 3 WEST 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 WEST 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 WEST CLOSE?

3 WEST CLOSE is located in FELPHAM, in the PO22 postcode district. The below map shows the position of No. 3 on WEST CLOSE.