12, EAST CLOSE, BOGNOR REGIS, PO22 7RS - £645,000

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.

12 EAST CLOSE is a very large extended detached house of 172m², built sometime between 1930 and 1949, which could now be worth an estimated £823,383. It was last sold for £645,000 in April 2017, which was around 46% above the average April 2017 detached price in the Arun local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was C.

12 EAST CLOSE Sold Prices

Land registry data shows two sales for 12 EAST 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 12 EAST 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
2017 12 APR	£645,000	£443,202	46% above HPI
2015 10 JUL	£465,000	£402,859	15% above HPI

12 EAST 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 12 EAST CLOSE sales from July 2015 and April 2017 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 July 2015 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the April 2017 sale, where it rises to 46% above the HPI. The line then continues to track at 46% above the HPI.

What might 12 EAST CLOSE be worth now?

12 EAST CLOSE might now be worth an estimated £823,383.

This is based on house price inflation of 27.7%, between April 2017 and March 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 27.7% inflationary increase is applied to the most recent sale price for 12 EAST CLOSE of £645,000 on 12th April 2017. For the value to have increased from £645,000 to £823,383 over the eight years and one month to March 2025, the following assumptions must hold true:

• The value of 12 EAST CLOSE has moved in line with the HPI for detached houses in the Arun local authority area.
• The April 2017 sale price of £645,000 represented a fair market value for the property.
• The size, condition, and specification of 12 EAST CLOSE has not materially changed since April 2017.

How Large is 12 EAST CLOSE?

12 EAST CLOSE is 172m², which includes two extensions, according to the EPC inspection conducted in April 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 12 EAST CLOSE lies on this distribution: 86% of detached houses houses are smaller than 12 EAST CLOSE, and 13% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

12 EAST CLOSE: Plot and Title Map

12 EAST CLOSE sits on a plot of roughly 0.177 of an acre, or 718m². The below map shows the location of 12 EAST 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 12 EAST 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 12 EAST CLOSE?

12 EAST CLOSE is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 12 on EAST CLOSE.