8, SATINWOOD CLOSE, BOGNOR REGIS, PO22 6SB - £253,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

8 SATINWOOD CLOSE is a very small detached house of 66m², built sometime between 1991 and 1995. It was last sold for £253,000 in March 2024, which was around 54% below the average March 2024 detached price in the Arun local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was B.

8 SATINWOOD CLOSE Sold Prices

Land registry data shows four sales for 8 SATINWOOD CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Arun local authority area for the corresponding sale date. All of the four 8 SATINWOOD 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
2024 15 MAR	£253,000	£544,192	54% below HPI
2015 29 JAN	£190,000	£373,038	49% below HPI
2007 5 JAN	£158,000	£309,031	49% below HPI
1999 12 NOV	£72,950	£147,783	51% below HPI

8 SATINWOOD 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 four 8 SATINWOOD CLOSE sales between November 1999 and March 2024 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 2015 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the March 2024 sale, where it falls to 54% below the HPI. The line then continues to track at 54% below the HPI.

How Large is 8 SATINWOOD CLOSE?

8 SATINWOOD CLOSE is 66m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 10% 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 SATINWOOD CLOSE lies on this distribution: 6% of detached houses are smaller than 8 SATINWOOD CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

8 SATINWOOD CLOSE: Plot and Title Map

8 SATINWOOD CLOSE sits on a plot of roughly 0.030 of an acre, or 119m². The below map shows the location of 8 SATINWOOD 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 SATINWOOD 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 SATINWOOD CLOSE?

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