8, HORNBEAM CLOSE, BOGNOR REGIS, PO21 4AH - £700,000

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 HORNBEAM CLOSE is a large detached house of 128m², built sometime between 1976 and 1982. It was last sold for £700,000 in October 2022, which was around 24% above the average October 2022 detached price in the Arun local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was B.

8 HORNBEAM CLOSE Sold Prices

Land registry data shows three sales for 8 HORNBEAM 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 HORNBEAM CLOSE sales were for above 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
2022 31 OCT	£700,000	£566,180	24% above HPI
2015 16 MAR	£500,000	£375,126	33% above HPI
2003 5 NOV	£302,500	£266,342	14% above HPI

8 HORNBEAM 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 HORNBEAM CLOSE sales between November 2003 and October 2022 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 March 2015 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the October 2022 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is 8 HORNBEAM CLOSE?

8 HORNBEAM CLOSE is 128m² according to the EPC inspection conducted in November 2021. This puts it in the largest 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 8 HORNBEAM CLOSE lies on this distribution: 63% of detached houses are smaller than 8 HORNBEAM CLOSE, and 36% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

8 HORNBEAM CLOSE: Plot and Title Map

8 HORNBEAM CLOSE sits on a plot of roughly 0.145 of an acre, or 588m². The below map shows the location of 8 HORNBEAM 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 HORNBEAM 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 HORNBEAM CLOSE?

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