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

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 COTTAGE CLOSE is a very small detached house of 57m², built sometime between 1976 and 1982. It was last sold for £241,840 in May 2016, which was around 41% 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	£409,936	41% below HPI
1996 17 OCT	£68,500	£100,623	32% 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 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the May 2016 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

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 in Bognor Regis, based on EPC data. The below chart shows the distribution of detached houses by size in Bognor Regis, and where 5 COTTAGE CLOSE lies on this distribution: 2% of detached 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.