2, GREYFRIARS CLOSE, BOGNOR REGIS, PO21 5RH - £299,950

2 GREYFRIARS CLOSE is a small detached house of 90m², built sometime between 1950 and 1966. It was last sold for £299,950 in July 2020, which was around 34% below the average July 2020 detached price in the Arun local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.

2 GREYFRIARS CLOSE Sold Prices

Land registry data shows three sales for 2 GREYFRIARS 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 2 GREYFRIARS 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
2020 10 JUL	£299,950	£453,319	34% below HPI
2020 28 FEB	£304,000	£453,354	33% below HPI
2009 22 DEC	£242,500	£306,768	21% below HPI

2 GREYFRIARS 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 2 GREYFRIARS CLOSE sales between December 2009 and July 2020 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 2020 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the July 2020 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 2 GREYFRIARS CLOSE?

2 GREYFRIARS CLOSE is 90m² according to the EPC inspection conducted in February 2020. 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 GREYFRIARS CLOSE lies on this distribution: 28% of detached houses are smaller than 2 GREYFRIARS CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

2 GREYFRIARS CLOSE: Plot and Title Map

2 GREYFRIARS CLOSE sits on a plot of roughly 0.169 of an acre, or 684m². The below map shows the location of 2 GREYFRIARS 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 GREYFRIARS 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 GREYFRIARS CLOSE?

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