48, SOUTHDEAN CLOSE, BOGNOR REGIS, PO22 7TH - £695,000

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

48 SOUTHDEAN CLOSE is a very large extended detached house of 163m², built sometime between 1950 and 1966. It was last sold for £695,000 in July 2021, which was around 41% above the average July 2021 detached price in the Arun local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was C.

48 SOUTHDEAN CLOSE Sold Prices

Land registry data shows four sales for 48 SOUTHDEAN 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. two of the four 48 SOUTHDEAN CLOSE sales were for above the average price, and four 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
2021 26 JUL	£695,000	£493,181	41% above HPI
2019 18 JUN	£303,000	£452,823	33% below HPI
2019 29 APR	£272,000	£452,722	40% below HPI
2001 6 SEP	£222,950	£198,889	12% above HPI

48 SOUTHDEAN 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 48 SOUTHDEAN CLOSE sales between September 2001 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 2019 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the July 2021 sale, where it rises to 41% above the HPI. The line then continues to track at 41% above the HPI.

How Large is 48 SOUTHDEAN CLOSE?

48 SOUTHDEAN CLOSE is 163m², which includes two extensions, according to the EPC inspection conducted in June 2021. This puts it in the largest 20% 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 48 SOUTHDEAN CLOSE lies on this distribution: 83% of detached houses are smaller than 48 SOUTHDEAN CLOSE, and 17% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

48 SOUTHDEAN CLOSE: Plot and Title Map

48 SOUTHDEAN CLOSE sits on a plot of roughly 0.095 of an acre, or 386m². The below map shows the location of 48 SOUTHDEAN 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 48 SOUTHDEAN 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 48 SOUTHDEAN CLOSE?

48 SOUTHDEAN CLOSE is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 48 on SOUTHDEAN CLOSE.