5, CEDAR CLOSE, BOGNOR REGIS, PO21 3BE - £575,000

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

5 CEDAR CLOSE is a very large extended detached house of 156m², built sometime between 1950 and 1966. It was last sold for £575,000 in April 2021, which was around 19% above the average April 2021 detached price in the Arun local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was C.

5 CEDAR CLOSE Sold Prices

Land registry data shows three sales for 5 CEDAR 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 5 CEDAR 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 1 APR	£575,000	£484,339	19% above HPI
2015 16 DEC	£457,500	£402,043	14% above HPI
1995 28 APR	£111,000	£91,686	21% above HPI

5 CEDAR 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 5 CEDAR CLOSE sales between April 1995 and April 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 December 2015 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the April 2021 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

How Large is 5 CEDAR CLOSE?

5 CEDAR CLOSE is 156m², which includes two extensions, according to the EPC inspection conducted in August 2015. 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 5 CEDAR CLOSE lies on this distribution: 80% of detached houses are smaller than 5 CEDAR CLOSE, and 19% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

5 CEDAR CLOSE: Plot and Title Map

5 CEDAR CLOSE sits on a plot of roughly 0.132 of an acre, or 532m². The below map shows the location of 5 CEDAR 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 CEDAR 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 CEDAR CLOSE?

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