16, COVENTRY CLOSE, BOGNOR REGIS, PO21 3RT - £290,000

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.

16 COVENTRY CLOSE is a small detached house of 97m², built sometime between 2003 and 2006, which could now be worth an estimated £345,551. It was last sold for £290,000 in February 2019, which was around 38% below the average February 2019 detached price in the Arun local authority area. The most recent EPC inspection was February 2018, where the current energy rating was C, and the potential energy rating was B.

16 COVENTRY CLOSE Sold Prices

Land registry data shows three sales for 16 COVENTRY 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 16 COVENTRY 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 15 FEB	£290,000	£467,231	38% below HPI
2018 29 JUN	£340,000	£470,237	28% below HPI
2004 15 DEC	£242,500	£303,159	20% below HPI

16 COVENTRY 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 16 COVENTRY CLOSE sales between December 2004 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 June 2018 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the February 2019 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might 16 COVENTRY CLOSE be worth now?

16 COVENTRY CLOSE might now be worth an estimated £345,551.

This is based on house price inflation of 19.2%, between February 2019 and June 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 19.2% inflationary increase is applied to the most recent sale price for 16 COVENTRY CLOSE of £290,000 on 15th February 2019. For the value to have increased from £290,000 to £345,551 over the five years and eight months to June 2025, the following assumptions must hold true:

• The value of 16 COVENTRY CLOSE has moved in line with the HPI for detached houses in the Arun local authority area.
• The February 2019 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 16 COVENTRY CLOSE has not materially changed since February 2019.

How Large is 16 COVENTRY CLOSE?

16 COVENTRY CLOSE is 97m² according to the EPC inspection conducted in February 2018. This puts it in the smallest 40% 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 16 COVENTRY CLOSE lies on this distribution: 35% of detached houses houses are smaller than 16 COVENTRY CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

16 COVENTRY CLOSE: Plot and Title Map

16 COVENTRY CLOSE sits on a plot of roughly 0.098 of an acre, or 395m². The below map shows the location of 16 COVENTRY 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 16 COVENTRY 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 16 COVENTRY CLOSE?

16 COVENTRY CLOSE is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 16 on COVENTRY CLOSE.