7, CANTERBURY CLOSE, BOGNOR REGIS, PO21 3QX - £375,000

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.

7 CANTERBURY CLOSE is a small detached house of 98m², built sometime between 1967 and 1975, which could now be worth an estimated £430,824. It was last sold for £375,000 in November 2020, which was around 25% below the average November 2020 detached price in the Arun local authority area. The most recent EPC inspection was November 2018, where the current energy rating was C, and the potential energy rating was B.

7 CANTERBURY CLOSE Sold Prices

Land registry data shows three sales for 7 CANTERBURY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Arun local authority area for the corresponding sale date. All of the three 7 CANTERBURY 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
2020 12 NOV	£375,000	£500,238	25% below HPI
2019 1 FEB	£310,000	£467,231	34% below HPI
1996 6 DEC	£81,500	£106,265	23% below HPI

7 CANTERBURY 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 three 7 CANTERBURY CLOSE sales between December 1996 and November 2020 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 February 2019 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the November 2020 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 7 CANTERBURY CLOSE be worth now?

7 CANTERBURY CLOSE might now be worth an estimated £430,824.

This is based on house price inflation of 14.9%, between November 2020 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 14.9% inflationary increase is applied to the most recent sale price for 7 CANTERBURY CLOSE of £375,000 on 12th November 2020. For the value to have increased from £375,000 to £430,824 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 7 CANTERBURY CLOSE has moved in line with the HPI for detached houses in the Arun local authority area.
• The November 2020 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 7 CANTERBURY CLOSE has not materially changed since November 2020.

How Large is 7 CANTERBURY CLOSE?

7 CANTERBURY CLOSE is 98m² according to the EPC inspection conducted in November 2018. This puts it in the smallest 40% 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 7 CANTERBURY CLOSE lies on this distribution: 36% of detached houses houses are smaller than 7 CANTERBURY CLOSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

7 CANTERBURY CLOSE: Plot and Title Map

7 CANTERBURY CLOSE sits on a plot of roughly 0.097 of an acre, or 393m². The below map shows the location of 7 CANTERBURY 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 7 CANTERBURY 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 7 CANTERBURY CLOSE?

7 CANTERBURY CLOSE is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 7 on CANTERBURY CLOSE.