4, RAYCROFT CLOSE, BOGNOR REGIS, PO21 3DG - £335,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

4 RAYCROFT CLOSE is a midsized extended detached house of 102m², built sometime between 1976 and 1982. It was last sold for £335,000 in January 2014, which was around 2% below the average January 2014 detached price in the Arun local authority area. The most recent EPC inspection was July 2009, where the current energy rating was D, and the potential energy rating was C.

4 RAYCROFT CLOSE Sold Prices

Land registry data shows three sales for 4 RAYCROFT 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 RAYCROFT 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
2014 9 JAN	£335,000	£340,298	2% below HPI
2009 30 OCT	£290,000	£300,480	3% below HPI
1995 26 OCT	£82,000	£95,294	14% below HPI

4 RAYCROFT 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 RAYCROFT CLOSE sales between October 1995 and January 2014 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 2009 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the January 2014 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 4 RAYCROFT CLOSE?

4 RAYCROFT CLOSE is 102m², which includes one extension, according to the EPC inspection conducted in July 2009. This puts it in the smallest 50% 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 RAYCROFT CLOSE lies on this distribution: 41% of detached houses are smaller than 4 RAYCROFT CLOSE, and 59% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

4 RAYCROFT CLOSE: Plot and Title Map

4 RAYCROFT CLOSE sits on a plot of roughly 0.092 of an acre, or 374m². The below map shows the location of 4 RAYCROFT 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 RAYCROFT 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 RAYCROFT CLOSE?

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