5, SELWYN CLOSE, BOGNOR REGIS, PO21 5RT - £385,000

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 SELWYN CLOSE is a very small detached house of 78m², built sometime between 1930 and 1949. It was last sold for £385,000 in January 2024, which was around 30% below the average January 2024 detached price in the Arun local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

5 SELWYN CLOSE Sold Prices

Land registry data shows five sales for 5 SELWYN CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Arun local authority area for the corresponding sale date. All of the five 5 SELWYN 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
2024 31 JAN	£385,000	£548,017	30% below HPI
2019 30 MAY	£345,000	£454,807	24% below HPI
2015 7 DEC	£322,500	£402,043	20% below HPI
2001 22 MAY	£151,950	£182,840	17% below HPI
1998 20 NOV	£84,500	£131,925	36% below HPI

5 SELWYN 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 five 5 SELWYN CLOSE sales between November 1998 and January 2024 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 May 2019 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the January 2024 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 5 SELWYN CLOSE?

5 SELWYN CLOSE is 78m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 20% 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 SELWYN CLOSE lies on this distribution: 16% of detached houses are smaller than 5 SELWYN CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

5 SELWYN CLOSE: Plot and Title Map

5 SELWYN CLOSE sits on a plot of roughly 0.128 of an acre, or 517m². The below map shows the location of 5 SELWYN 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 SELWYN 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 SELWYN CLOSE?

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