2, CARNOT CLOSE, BOGNOR REGIS, PO21 3FG - £340,000

2 CARNOT CLOSE is a very small detached house of 78m², built sometime from 2007 onwards. It was last sold for £340,000 in January 2017, which was around 20% below the average January 2017 detached price in the Arun local authority area. The most recent EPC inspection was November 2015, where the current energy rating was C, and the potential energy rating was B.

2 CARNOT CLOSE Sold Prices

Land registry data shows two sales for 2 CARNOT 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 2 CARNOT 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
2017 9 JAN	£340,000	£425,302	20% below HPI
2010 12 MAR	£270,000	£324,922	17% below HPI

2 CARNOT 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 2 CARNOT CLOSE sales from March 2010 and January 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 March 2010 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the January 2017 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 2 CARNOT CLOSE?

2 CARNOT CLOSE is 78m² according to the EPC inspection conducted in November 2015. This puts it in the smallest 20% 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 2 CARNOT CLOSE lies on this distribution: 15% of detached houses are smaller than 2 CARNOT CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

2 CARNOT CLOSE: Plot and Title Map

2 CARNOT CLOSE sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of 2 CARNOT 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 2 CARNOT 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 2 CARNOT CLOSE?

2 CARNOT CLOSE is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 2 on CARNOT CLOSE.