5, FREYA CLOSE, BOGNOR REGIS, PO22 7UQ - £540,000

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 FREYA CLOSE is a large detached house of 126m², built sometime between 1996 and 2002. It was last sold for £540,000 in February 2016, which was around 33% above the average February 2016 detached price in the Arun local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.

5 FREYA CLOSE Sold Prices

Land registry data shows two sales for 5 FREYA 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 FREYA 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
2016 15 FEB	£540,000	£406,581	33% above HPI
1998 16 NOV	£198,000	£131,925	50% above HPI

5 FREYA 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 FREYA CLOSE sales from November 1998 and February 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 November 1998 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the February 2016 sale, where it falls to 33% above the HPI. The line then continues to track at 33% above the HPI.

How Large is 5 FREYA CLOSE?

5 FREYA CLOSE is 126m² according to the EPC inspection conducted in September 2014. This puts it in the largest 40% 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 FREYA CLOSE lies on this distribution: 62% of detached houses are smaller than 5 FREYA CLOSE, and 38% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

5 FREYA CLOSE: Plot and Title Map

5 FREYA CLOSE sits on a plot of roughly 0.090 of an acre, or 363m². The below map shows the location of 5 FREYA 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 FREYA 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 FREYA CLOSE?

5 FREYA CLOSE is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 5 on FREYA CLOSE.