4, THE ORCHARD CLOSE, BOGNOR REGIS, PO21 2PT - £417,000

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 THE ORCHARD CLOSE is a large extended detached house of 144m², built sometime between 1967 and 1975. It was last sold for £417,000 in July 2021, which was around 15% below the average July 2021 detached price in the Arun local authority area. The most recent EPC inspection was August 2015, where the current energy rating was C, and the potential energy rating was B.

4 THE ORCHARD CLOSE Sold Prices

Land registry data shows four sales for 4 THE ORCHARD CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Arun local authority area for the corresponding sale date. Most of the four 4 THE ORCHARD CLOSE sales were for above 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 27 JUL	£417,000	£493,181	15% below HPI
2000 8 JUN	£216,000	£171,417	26% above HPI
1998 28 SEP	£137,000	£129,913	5% above HPI
1997 6 FEB	£117,000	£102,734	14% above HPI

4 THE ORCHARD 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 four 4 THE ORCHARD CLOSE sales between February 1997 and July 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 June 2000 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the July 2021 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 4 THE ORCHARD CLOSE?

4 THE ORCHARD CLOSE is 144m², which includes two extensions, according to the EPC inspection conducted in August 2015. This puts it in the largest 30% 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 THE ORCHARD CLOSE lies on this distribution: 73% of detached houses are smaller than 4 THE ORCHARD CLOSE, and 26% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

4 THE ORCHARD CLOSE: Plot and Title Map

4 THE ORCHARD CLOSE sits on a plot of roughly 0.122 of an acre, or 494m². The below map shows the location of 4 THE ORCHARD 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 THE ORCHARD 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 THE ORCHARD CLOSE?

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