8, BALLIOL CLOSE, BOGNOR REGIS, PO21 5QE - £266,500

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.

8 BALLIOL CLOSE is a small extended detached house of 93m², built sometime between 1950 and 1966, which could now be worth an estimated £434,711. It was last sold for £266,500 in February 2014, which was around 24% below the average February 2014 detached price in the Arun local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was B.

8 BALLIOL CLOSE Sold Prices

Land registry data shows three sales for 8 BALLIOL 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 8 BALLIOL 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
2014 7 FEB	£266,500	£352,324	24% below HPI
2011 20 MAY	£250,000	£320,866	22% below HPI
2005 16 SEP	£232,000	£297,807	22% below HPI

8 BALLIOL 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 8 BALLIOL CLOSE sales between September 2005 and February 2014 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 2011 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the February 2014 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 8 BALLIOL CLOSE be worth now?

8 BALLIOL CLOSE might now be worth an estimated £434,711.

This is based on house price inflation of 63.1%, between February 2014 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 63.1% inflationary increase is applied to the most recent sale price for 8 BALLIOL CLOSE of £266,500 on 7th February 2014. For the value to have increased from £266,500 to £434,711 over the eleven years to February 2025, the following assumptions must hold true:

• The value of 8 BALLIOL CLOSE has moved in line with the HPI for detached houses in the Arun local authority area.
• The February 2014 sale price of £266,500 represented a fair market value for the property.
• The size, condition, and specification of 8 BALLIOL CLOSE has not materially changed since February 2014.

How Large is 8 BALLIOL CLOSE?

8 BALLIOL CLOSE is 93m², which includes one extension, according to the EPC inspection conducted in August 2013. 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 8 BALLIOL CLOSE lies on this distribution: 31% of detached houses houses are smaller than 8 BALLIOL CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

8 BALLIOL CLOSE: Plot and Title Map

8 BALLIOL CLOSE sits on a plot of roughly 0.147 of an acre, or 596m². The below map shows the location of 8 BALLIOL 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 8 BALLIOL 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 8 BALLIOL CLOSE?

8 BALLIOL CLOSE is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 8 on BALLIOL CLOSE.