6, FALKLANDS CLOSE, BOGNOR REGIS, PO22 9SR - £240,000

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

6 FALKLANDS CLOSE is a midsized detached house of 122m², built sometime between 1976 and 1982. It was last sold for £240,000 in August 2015, which was around 38% below the average August 2015 detached price in the Arun local authority area. The most recent EPC inspection was November 2011, where the current energy rating was D, and the potential energy rating was C.

6 FALKLANDS CLOSE Sold Prices

Land registry data shows two sales for 6 FALKLANDS 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 6 FALKLANDS 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
2015 13 AUG	£240,000	£387,207	38% below HPI
2000 27 JAN	£111,000	£152,246	27% below HPI

6 FALKLANDS 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 6 FALKLANDS CLOSE sales from January 2000 and August 2015 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 January 2000 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the August 2015 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 6 FALKLANDS CLOSE?

6 FALKLANDS CLOSE is 122m² according to the EPC inspection conducted in November 2011. This puts it in the largest 50% 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 6 FALKLANDS CLOSE lies on this distribution: 59% of detached houses are smaller than 6 FALKLANDS CLOSE, and 41% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

6 FALKLANDS CLOSE: Plot and Title Map

6 FALKLANDS CLOSE sits on a plot of roughly 0.087 of an acre, or 353m². The below map shows the location of 6 FALKLANDS 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 6 FALKLANDS 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 6 FALKLANDS CLOSE?

6 FALKLANDS CLOSE is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 6 on FALKLANDS CLOSE.