8, WELLERS CLOSE, FELPHAM, BOGNOR REGIS, PO22 8FS - £625,000

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.

8 WELLERS CLOSE is a very large detached house of 165m², which could now be worth an estimated £634,926. It was last sold for £625,000 in October 2023, which was around 10% above the average October 2023 detached price in the Arun local authority area. The most recent EPC inspection was August 2016, where the current energy rating was B, and the potential energy rating was A.

8 WELLERS CLOSE Sold Prices

Land registry data shows two sales for 8 WELLERS 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 WELLERS 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
2023 24 OCT	£625,000	£565,721	10% above HPI
2016 24 AUG	£540,000	£432,078	25% above HPI

8 WELLERS 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 WELLERS CLOSE sales from August 2016 and October 2023 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 August 2016 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the October 2023 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 8 WELLERS CLOSE be worth now?

8 WELLERS CLOSE might now be worth an estimated £634,926.

This is based on house price inflation of 1.6%, between October 2023 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 1.6% inflationary increase is applied to the most recent sale price for 8 WELLERS CLOSE of £625,000 on 24th October 2023. For the value to have increased from £625,000 to £634,926 over the two years and eight months to February 2025, the following assumptions must hold true:

• The value of 8 WELLERS CLOSE has moved in line with the HPI for detached houses in the Arun local authority area.
• The October 2023 sale price of £625,000 represented a fair market value for the property.
• The size, condition, and specification of 8 WELLERS CLOSE has not materially changed since October 2023.

How Large is 8 WELLERS CLOSE?

8 WELLERS CLOSE is 165m² according to the EPC inspection conducted in August 2016. This puts it in the largest 20% 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 WELLERS CLOSE lies on this distribution: 83% of detached houses houses are smaller than 8 WELLERS CLOSE, and 16% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

8 WELLERS CLOSE: Plot and Title Map

8 WELLERS CLOSE sits on a plot of roughly 0.916 of an acre, or 3,706m². The below map shows the location of 8 WELLERS 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 WELLERS 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 WELLERS CLOSE?

8 WELLERS CLOSE is located in FELPHAM, in the PO22 postcode district. The below map shows the position of No. 8 on WELLERS CLOSE.