5, VIOLET CLOSE, BOGNOR REGIS, PO21 5FS - £348,000

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 VIOLET CLOSE is a small detached house of 97m². It was last sold for £348,000 in March 2017, which was around 19% below the average March 2017 detached price in the Arun local authority area. The most recent EPC inspection was February 2017, where the current energy rating was B, and the potential energy rating was A.

5 VIOLET CLOSE Sold Prices

Land registry data shows two sales for 5 VIOLET 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 VIOLET 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
2017 10 MAR	£348,000	£431,391	19% below HPI
2014 3 NOV	£250,000	£375,773	33% below HPI

5 VIOLET 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 VIOLET CLOSE sales from November 2014 and March 2017 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 2014 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the March 2017 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 5 VIOLET CLOSE?

5 VIOLET CLOSE is 97m² according to the EPC inspection conducted in February 2017. This puts it in the smallest 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 VIOLET CLOSE lies on this distribution: 35% of detached houses are smaller than 5 VIOLET CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

5 VIOLET CLOSE: Plot and Title Map

5 VIOLET CLOSE sits on a plot of roughly 0.058 of an acre, or 236m². The below map shows the location of 5 VIOLET 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 VIOLET 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 VIOLET CLOSE?

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