5, COTTAGE CLOSE, BOGNOR REGIS, PO21 3HH - £241,840

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 COTTAGE CLOSE is a very small detached house of 57m², built sometime between 1976 and 1982, which could now be worth an estimated £326,813. It was last sold for £241,840 in May 2016, which was around 43% below the average May 2016 detached price in the Arun local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

5 COTTAGE CLOSE Sold Prices

Land registry data shows two sales for 5 COTTAGE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Arun local authority area for the corresponding sale date. Both of the two 5 COTTAGE 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
2016 6 MAY	£241,840	£425,279	43% below HPI
1996 17 OCT	£68,500	£104,389	34% below HPI

5 COTTAGE 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 two 5 COTTAGE CLOSE sales from October 1996 and May 2016 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 1996 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the May 2016 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

What might 5 COTTAGE CLOSE be worth now?

5 COTTAGE CLOSE might now be worth an estimated £326,813.

This is based on house price inflation of 35.1%, between May 2016 and February 2025, for detached houses, in the Arun local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 35.1% inflationary increase is applied to the most recent sale price for 5 COTTAGE CLOSE of £241,840 on 6th May 2016. For the value to have increased from £241,840 to £326,813 over the nine years and three months to February 2025, the following assumptions must hold true:

• The value of 5 COTTAGE CLOSE has moved in line with the HPI for detached houses in the Arun local authority area.
• The May 2016 sale price of £241,840 represented a fair market value for the property.
• The size, condition, and specification of 5 COTTAGE CLOSE has not materially changed since May 2016.

How Large is 5 COTTAGE CLOSE?

5 COTTAGE CLOSE is 57m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 10% of detached houses houses in Bognor Regis, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bognor Regis, and where 5 COTTAGE CLOSE lies on this distribution: 2% of detached houses houses are smaller than 5 COTTAGE CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

5 COTTAGE CLOSE: Plot and Title Map

5 COTTAGE CLOSE sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of 5 COTTAGE 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 COTTAGE 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 COTTAGE CLOSE?

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