2, COLLEGE CLOSE, BOGNOR REGIS, PO21 5RR - £240,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 COLLEGE CLOSE is a small semi-detached house of 86m², built sometime between 1967 and 1975. It was last sold for £240,000 in March 2014, which was around 30% below the average March 2014 detached price in the Arun local authority area. The most recent EPC inspection was April 2013, where the current energy rating was B, and the potential energy rating was A.

2 COLLEGE CLOSE Sold Prices

Land registry data shows two sales for 2 COLLEGE 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 COLLEGE 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
2014 17 MAR	£240,000	£343,806	30% below HPI
2002 22 APR	£134,000	£204,426	34% below HPI

2 COLLEGE 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 COLLEGE CLOSE sales from April 2002 and March 2014 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 April 2002 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the March 2014 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 2 COLLEGE CLOSE?

2 COLLEGE CLOSE is 86m² according to the EPC inspection conducted in April 2013. 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 2 COLLEGE CLOSE lies on this distribution: 24% of detached houses are smaller than 2 COLLEGE CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

2 COLLEGE CLOSE: Plot and Title Map

2 COLLEGE CLOSE sits on a plot of roughly 0.081 of an acre, or 328m². The below map shows the location of 2 COLLEGE 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 COLLEGE 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 COLLEGE CLOSE?

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