5, DURHAM CLOSE, BOGNOR REGIS, PO21 4XA - £280,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

5 DURHAM CLOSE is a very small extended detached house of 78m², built sometime between 1967 and 1975, which could now be worth an estimated £337,076. It was last sold for £280,000 in July 2018, which was around 41% below the average July 2018 detached price in the Arun local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was B.

5 DURHAM CLOSE Sold Prices

Land registry data shows two sales for 5 DURHAM 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 DURHAM 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
2018 13 JUL	£280,000	£477,393	41% below HPI
1995 21 APR	£66,000	£95,118	31% below HPI

5 DURHAM 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 DURHAM CLOSE sales from April 1995 and July 2018 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 April 1995 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the July 2018 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 5 DURHAM CLOSE be worth now?

5 DURHAM CLOSE might now be worth an estimated £337,076.

This is based on house price inflation of 20.4%, between July 2018 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 20.4% inflationary increase is applied to the most recent sale price for 5 DURHAM CLOSE of £280,000 on 13th July 2018. For the value to have increased from £280,000 to £337,076 over the seven years and five months to February 2025, the following assumptions must hold true:

• The value of 5 DURHAM CLOSE has moved in line with the HPI for detached houses in the Arun local authority area.
• The July 2018 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 5 DURHAM CLOSE has not materially changed since July 2018.

How Large is 5 DURHAM CLOSE?

5 DURHAM CLOSE is 78m², which includes one extension, according to the EPC inspection conducted in September 2017. This puts it in the smallest 20% 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 DURHAM CLOSE lies on this distribution: 15% of detached houses houses are smaller than 5 DURHAM CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

5 DURHAM CLOSE: Plot and Title Map

5 DURHAM CLOSE sits on a plot of roughly 0.087 of an acre, or 353m². The below map shows the location of 5 DURHAM 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 DURHAM 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 DURHAM CLOSE?

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