3, DOWNLANDS CLOSE, BOGNOR REGIS, PO21 3QA - £280,000

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 DOWNLANDS CLOSE is a midsized extended detached house of 117m², built sometime between 1950 and 1966, which could now be worth an estimated £493,333. It was last sold for £280,000 in November 2009, which was around 12% below the average November 2009 detached price in the Arun local authority area. The most recent EPC inspection was July 2018, where the current energy rating was E, and the potential energy rating was C.

3 DOWNLANDS CLOSE Sold Prices

Land registry data shows one sale for 3 DOWNLANDS CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Arun local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2009 27 NOV	£280,000	£316,411	12% below HPI

What might 3 DOWNLANDS CLOSE be worth now?

3 DOWNLANDS CLOSE might now be worth an estimated £493,333.

This is based on house price inflation of 76.2%, between November 2009 and May 2026, 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 76.2% inflationary increase is applied to the most recent sale price for 3 DOWNLANDS CLOSE of £280,000 on 27th November 2009. For the value to have increased from £280,000 to £493,333 over the seventeen years and six months to May 2026, the following assumptions must hold true:

• The value of 3 DOWNLANDS CLOSE has moved in line with the HPI for detached houses in the Arun local authority area.
• The November 2009 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 3 DOWNLANDS CLOSE has not materially changed since November 2009.

How Large is 3 DOWNLANDS CLOSE?

3 DOWNLANDS CLOSE is 117m², which includes two extensions, according to the EPC inspection conducted in July 2018. This puts it in the largest 50% 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 3 DOWNLANDS CLOSE lies on this distribution: 53% of detached houses are smaller than 3 DOWNLANDS CLOSE, and 47% of detached houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

3 DOWNLANDS CLOSE: Plot

3 DOWNLANDS CLOSE sits on a plot of roughly 0.173 of an acre, or 700m².

Where is 3 DOWNLANDS CLOSE?

3 DOWNLANDS CLOSE is located in BOGNOR REGIS, in the PO21 postcode district.