8, WOLSEY CLOSE, BOGNOR REGIS, PO21 3LQ - £300,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

8 WOLSEY CLOSE is a small extended detached house of 90m², built sometime between 1967 and 1975. It was last sold for £300,000 in February 2019, which was around 33% below the average February 2019 detached price in the Arun local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was B.

8 WOLSEY CLOSE Sold Prices

Land registry data shows two sales for 8 WOLSEY 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 WOLSEY 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
2019 22 FEB	£300,000	£450,374	33% below HPI
2017 2 FEB	£250,000	£429,001	42% below HPI

8 WOLSEY 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 WOLSEY CLOSE sales from February 2017 and February 2019 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 February 2017 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the February 2019 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 8 WOLSEY CLOSE?

8 WOLSEY CLOSE is 90m², which includes one extension, according to the EPC inspection conducted in July 2016. This puts it in the smallest 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 WOLSEY CLOSE lies on this distribution: 28% of detached houses are smaller than 8 WOLSEY CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

8 WOLSEY CLOSE: Plot and Title Map

8 WOLSEY CLOSE sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of 8 WOLSEY 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 WOLSEY 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 WOLSEY CLOSE?

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