4, PETERHOUSE CLOSE, BOGNOR REGIS, PO21 5RZ - £325,000

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

4 PETERHOUSE CLOSE is a very small detached house of 80m², built sometime between 1967 and 1975, which could now be worth an estimated £467,421. It was last sold for £325,000 in June 2015, which was around 19% below the average June 2015 detached price in the Arun local authority area. The most recent EPC inspection was December 2014, where the current energy rating was D, and the potential energy rating was B.

4 PETERHOUSE CLOSE Sold Prices

Land registry data shows two sales for 4 PETERHOUSE 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 PETERHOUSE 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
2015 15 JUN	£325,000	£399,596	19% below HPI
2007 17 OCT	£277,950	£356,676	22% below HPI

4 PETERHOUSE 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 PETERHOUSE CLOSE sales from October 2007 and June 2015 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 October 2007 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the June 2015 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 4 PETERHOUSE CLOSE be worth now?

4 PETERHOUSE CLOSE might now be worth an estimated £467,421.

This is based on house price inflation of 43.8%, between June 2015 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 43.8% inflationary increase is applied to the most recent sale price for 4 PETERHOUSE CLOSE of £325,000 on 15th June 2015. For the value to have increased from £325,000 to £467,421 over the ten years and four months to February 2025, the following assumptions must hold true:

• The value of 4 PETERHOUSE CLOSE has moved in line with the HPI for detached houses in the Arun local authority area.
• The June 2015 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 4 PETERHOUSE CLOSE has not materially changed since June 2015.

How Large is 4 PETERHOUSE CLOSE?

4 PETERHOUSE CLOSE is 80m² according to the EPC inspection conducted in December 2014. This puts it in the smallest 20% 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 PETERHOUSE CLOSE lies on this distribution: 18% of detached houses houses are smaller than 4 PETERHOUSE CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

4 PETERHOUSE CLOSE: Plot and Title Map

4 PETERHOUSE CLOSE sits on a plot of roughly 0.229 of an acre, or 926m². The below map shows the location of 4 PETERHOUSE 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 PETERHOUSE 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 PETERHOUSE CLOSE?

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