4, MARCH CLOSE, BOGNOR REGIS, PO21 3DF - £392,500

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

4 MARCH CLOSE is a large extended detached house of 136m², built sometime from 2007 onwards, which could now be worth an estimated £473,047. It was last sold for £392,500 in December 2018, which was around 18% below the average December 2018 detached price in the Arun local authority area. The most recent EPC inspection was October 2017, where the current energy rating was C, and the potential energy rating was B.

4 MARCH CLOSE Sold Prices

Land registry data shows two sales for 4 MARCH 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 4 MARCH 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 10 DEC	£392,500	£476,849	18% below HPI
2007 21 SEP	£325,000	£351,986	8% below HPI

4 MARCH 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 4 MARCH CLOSE sales from September 2007 and December 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 September 2007 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the December 2018 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 4 MARCH CLOSE be worth now?

4 MARCH CLOSE might now be worth an estimated £473,047.

This is based on house price inflation of 20.5%, between December 2018 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 20.5% inflationary increase is applied to the most recent sale price for 4 MARCH CLOSE of £392,500 on 10th December 2018. For the value to have increased from £392,500 to £473,047 over the seven years and ten months to February 2025, the following assumptions must hold true:

• The value of 4 MARCH CLOSE has moved in line with the HPI for detached houses in the Arun local authority area.
• The December 2018 sale price of £392,500 represented a fair market value for the property.
• The size, condition, and specification of 4 MARCH CLOSE has not materially changed since December 2018.

How Large is 4 MARCH CLOSE?

4 MARCH CLOSE is 136m², which includes one extension, according to the EPC inspection conducted in October 2017. This puts it in the largest 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 4 MARCH CLOSE lies on this distribution: 68% of detached houses houses are smaller than 4 MARCH CLOSE, and 31% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

4 MARCH CLOSE: Plot and Title Map

4 MARCH CLOSE sits on a plot of roughly 0.121 of an acre, or 490m². The below map shows the location of 4 MARCH 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 MARCH 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 MARCH CLOSE?

4 MARCH CLOSE is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 4 on MARCH CLOSE.