36, MAYFIELD CLOSE, BOGNOR REGIS, PO21 3PS - £183,250

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.

36 MAYFIELD CLOSE is a very small terraced house of 72m², built sometime between 1967 and 1975, which could now be worth an estimated £294,487. It was last sold for £183,250 in July 2010, which was around 6% above the average July 2010 terraced price in the Arun local authority area. The most recent EPC inspection was May 2010, where the current energy rating was D, and the potential energy rating was C.

36 MAYFIELD CLOSE Sold Prices

Land registry data shows two sales for 36 MAYFIELD CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Arun local authority area for the corresponding sale date. One of the two 36 MAYFIELD CLOSE sales was for above the average price, whilst the other was 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
2010 16 JUL	£183,250	£172,121	6% above HPI
2006 11 AUG	£155,000	£161,855	4% below HPI

36 MAYFIELD 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 two 36 MAYFIELD CLOSE sales from August 2006 and July 2010 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 August 2006 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the July 2010 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 36 MAYFIELD CLOSE be worth now?

36 MAYFIELD CLOSE might now be worth an estimated £294,487.

This is based on house price inflation of 60.7%, between July 2010 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 60.7% inflationary increase is applied to the most recent sale price for 36 MAYFIELD CLOSE of £183,250 on 16th July 2010. For the value to have increased from £183,250 to £294,487 over the sixteen years and two months to May 2026, the following assumptions must hold true:

• The value of 36 MAYFIELD CLOSE has moved in line with the HPI for terraced houses in the Arun local authority area.
• The July 2010 sale price of £183,250 represented a fair market value for the property.
• The size, condition, and specification of 36 MAYFIELD CLOSE has not materially changed since July 2010.

How Large is 36 MAYFIELD CLOSE?

36 MAYFIELD CLOSE is 72m² according to the EPC inspection conducted in May 2010. This puts it in the smallest 10% 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 36 MAYFIELD CLOSE lies on this distribution: 9% of terraced houses houses are smaller than 36 MAYFIELD CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

36 MAYFIELD CLOSE: Plot and Title Map

36 MAYFIELD CLOSE sits on a plot of roughly 0.032 of an acre, or 130m². The below map shows the location of 36 MAYFIELD 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 36 MAYFIELD 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 36 MAYFIELD CLOSE?

36 MAYFIELD CLOSE is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 36 on MAYFIELD CLOSE.