4, HEDGEROW CLOSE, FELPHAM, BOGNOR REGIS, PO22 8BP - £396,000

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.

4 HEDGEROW CLOSE is a midsized detached house of 112m², which could now be worth an estimated £441,230. It was last sold for £396,000 in August 2021, which was around 23% below the average August 2021 detached price in the Arun local authority area. The most recent EPC inspection was August 2011, where the current energy rating was C, and the potential energy rating was C.

4 HEDGEROW CLOSE Sold Prices

Land registry data shows three sales for 4 HEDGEROW 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 4 HEDGEROW 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
2021 12 AUG	£396,000	£515,794	23% below HPI
2017 26 MAY	£330,000	£441,433	25% below HPI
2013 30 APR	£310,000	£337,071	8% below HPI

4 HEDGEROW 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 4 HEDGEROW CLOSE sales between April 2013 and August 2021 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 2017 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the August 2021 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 4 HEDGEROW CLOSE be worth now?

4 HEDGEROW CLOSE might now be worth an estimated £441,230.

This is based on house price inflation of 11.4%, between August 2021 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 11.4% inflationary increase is applied to the most recent sale price for 4 HEDGEROW CLOSE of £396,000 on 12th August 2021. For the value to have increased from £396,000 to £441,230 over the four years and six months to February 2025, the following assumptions must hold true:

• The value of 4 HEDGEROW CLOSE has moved in line with the HPI for detached houses in the Arun local authority area.
• The August 2021 sale price of £396,000 represented a fair market value for the property.
• The size, condition, and specification of 4 HEDGEROW CLOSE has not materially changed since August 2021.

How Large is 4 HEDGEROW CLOSE?

4 HEDGEROW CLOSE is 112m² according to the EPC inspection conducted in August 2011. This puts it in the largest 50% 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 4 HEDGEROW CLOSE lies on this distribution: 50% of detached houses houses are smaller than 4 HEDGEROW CLOSE, and 49% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

4 HEDGEROW CLOSE: Plot and Title Map

4 HEDGEROW CLOSE sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of 4 HEDGEROW 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 4 HEDGEROW 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 4 HEDGEROW CLOSE?

4 HEDGEROW CLOSE is located in FELPHAM, in the PO22 postcode district. The below map shows the position of No. 4 on HEDGEROW CLOSE.