3, DOUGLAS CLOSE, BOGNOR REGIS, PO22 7UE - £265,000

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.

3 DOUGLAS CLOSE is a very small terraced house of 81m², built sometime between 1996 and 2002, which could now be worth an estimated £303,821. It was last sold for £265,000 in October 2020, which was around 10% above the average October 2020 terraced price in the Arun local authority area. The most recent EPC inspection was March 2012, where the current energy rating was C, and the potential energy rating was C.

3 DOUGLAS CLOSE Sold Prices

Land registry data shows three sales for 3 DOUGLAS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Arun local authority area for the corresponding sale date. All of the three 3 DOUGLAS 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
2020 2 OCT	£265,000	£241,259	10% above HPI
2000 27 OCT	£118,000	£80,332	47% above HPI
1999 11 JUN	£96,000	£62,797	53% above HPI

3 DOUGLAS CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Arun local authority area over time, sourced from the HPI. The three 3 DOUGLAS CLOSE sales between June 1999 and October 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 October 2000 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the October 2020 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 3 DOUGLAS CLOSE be worth now?

3 DOUGLAS CLOSE might now be worth an estimated £303,821.

This is based on house price inflation of 14.6%, between October 2020 and May 2026, for terraced 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 14.6% inflationary increase is applied to the most recent sale price for 3 DOUGLAS CLOSE of £265,000 on 2nd October 2020. For the value to have increased from £265,000 to £303,821 over the six years and five months to May 2026, the following assumptions must hold true:

• The value of 3 DOUGLAS CLOSE has moved in line with the HPI for terraced houses in the Arun local authority area.
• The October 2020 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 3 DOUGLAS CLOSE has not materially changed since October 2020.

How Large is 3 DOUGLAS CLOSE?

3 DOUGLAS CLOSE is 81m² according to the EPC inspection conducted in March 2012. This puts it in the smallest 20% of terraced houses houses in Bognor Regis, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Bognor Regis, and where 3 DOUGLAS CLOSE lies on this distribution: 18% of terraced houses houses are smaller than 3 DOUGLAS CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

3 DOUGLAS CLOSE: Plot and Title Map

3 DOUGLAS CLOSE sits on a plot of roughly 0.039 of an acre, or 156m². The below map shows the location of 3 DOUGLAS 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 3 DOUGLAS 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 3 DOUGLAS CLOSE?

3 DOUGLAS CLOSE is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 3 on DOUGLAS CLOSE.