5, LEOPOLD CLOSE, BOGNOR REGIS, PO22 8JJ - £270,000

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 LEOPOLD CLOSE is a very small detached house of 64m², built sometime between 1967 and 1975, which could now be worth an estimated £324,648. It was last sold for £270,000 in November 2018, which was around 44% below the average November 2018 detached price in the Arun local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was B.

5 LEOPOLD CLOSE Sold Prices

Land registry data shows two sales for 5 LEOPOLD 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 LEOPOLD 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 30 NOV	£270,000	£477,966	44% below HPI
1999 27 JUL	£102,500	£141,381	28% below HPI

5 LEOPOLD 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 LEOPOLD CLOSE sales from July 1999 and November 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 July 1999 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the November 2018 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

What might 5 LEOPOLD CLOSE be worth now?

5 LEOPOLD CLOSE might now be worth an estimated £324,648.

This is based on house price inflation of 20.2%, between November 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 20.2% inflationary increase is applied to the most recent sale price for 5 LEOPOLD CLOSE of £270,000 on 30th November 2018. For the value to have increased from £270,000 to £324,648 over the seven years and nine months to February 2025, the following assumptions must hold true:

• The value of 5 LEOPOLD CLOSE has moved in line with the HPI for detached houses in the Arun local authority area.
• The November 2018 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 5 LEOPOLD CLOSE has not materially changed since November 2018.

How Large is 5 LEOPOLD CLOSE?

5 LEOPOLD CLOSE is 64m² according to the EPC inspection conducted in May 2018. 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 LEOPOLD CLOSE lies on this distribution: 4% of detached houses houses are smaller than 5 LEOPOLD CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

5 LEOPOLD CLOSE: Plot and Title Map

5 LEOPOLD CLOSE sits on a plot of roughly 0.093 of an acre, or 375m². The below map shows the location of 5 LEOPOLD 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 LEOPOLD 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 LEOPOLD CLOSE?

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