5, BALLIOL CLOSE, BOGNOR REGIS, PO21 5QE - £385,000

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

5 BALLIOL CLOSE is a small extended detached house of 86m², built sometime between 1930 and 1949. It was last sold for £385,000 in March 2022, which was around 29% below the average March 2022 detached price in the Arun local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.

5 BALLIOL CLOSE Sold Prices

Land registry data shows four sales for 5 BALLIOL 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. All of the four 5 BALLIOL 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
2022 23 MAR	£385,000	£540,537	29% below HPI
2016 11 MAR	£275,000	£410,492	33% below HPI
2001 19 JUN	£133,000	£183,149	27% below HPI
1999 12 JAN	£96,000	£131,507	27% below HPI

5 BALLIOL 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 5 BALLIOL CLOSE sales between January 1999 and March 2022 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 March 2016 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the March 2022 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 5 BALLIOL CLOSE?

5 BALLIOL CLOSE is 86m², which includes one extension, according to the EPC inspection conducted in October 2015. This puts it in the smallest 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 5 BALLIOL CLOSE lies on this distribution: 24% of detached houses are smaller than 5 BALLIOL CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

5 BALLIOL CLOSE: Plot and Title Map

5 BALLIOL CLOSE sits on a plot of roughly 0.106 of an acre, or 427m². The below map shows the location of 5 BALLIOL 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 5 BALLIOL 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 5 BALLIOL CLOSE?

5 BALLIOL CLOSE is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 5 on BALLIOL CLOSE.