8, CHALFONT CLOSE, BOGNOR REGIS, PO22 7SL - £445,000

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

8 CHALFONT CLOSE is a large extended detached house of 142m², built sometime between 1976 and 1982. It was last sold for £445,000 in October 2020, which was around 6% below the average October 2020 detached price in the Arun local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was C.

8 CHALFONT CLOSE Sold Prices

Land registry data shows two sales for 8 CHALFONT 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 8 CHALFONT 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 6 OCT	£445,000	£474,576	6% below HPI
2019 23 OCT	£390,000	£459,143	15% below HPI

8 CHALFONT 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 8 CHALFONT CLOSE sales from October 2019 and October 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 October 2019 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the October 2020 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 8 CHALFONT CLOSE?

8 CHALFONT CLOSE is 142m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the largest 30% 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 8 CHALFONT CLOSE lies on this distribution: 72% of detached houses are smaller than 8 CHALFONT CLOSE, and 27% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

8 CHALFONT CLOSE: Plot and Title Map

8 CHALFONT CLOSE sits on a plot of roughly 0.107 of an acre, or 432m². The below map shows the location of 8 CHALFONT 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 CHALFONT 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 CHALFONT CLOSE?

8 CHALFONT CLOSE is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 8 on CHALFONT CLOSE.