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

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

4 MARCH CLOSE is a large extended detached house of 136m², built sometime from 2007 onwards. It was last sold for £392,500 in December 2018, which was around 15% 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	£459,645	15% below HPI
2007 21 SEP	£325,000	£339,287	4% 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 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the December 2018 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

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 in Bognor Regis, based on EPC data. The below chart shows the distribution of detached houses by size in Bognor Regis, and where 4 MARCH CLOSE lies on this distribution: 68% of detached 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.