4, HAROLD CLOSE, BOGNOR REGIS, PO21 5UL - £430,000

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.

4 HAROLD CLOSE is a small extended detached house of 99m², built sometime between 1991 and 1995, which could now be worth an estimated £401,379. It was last sold for £430,000 in November 2022, which was around 28% below the average November 2022 detached price in the Arun local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.

4 HAROLD CLOSE Sold Prices

Land registry data shows five sales for 4 HAROLD CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Arun local authority area for the corresponding sale date. All of the five 4 HAROLD 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
2022 22 NOV	£430,000	£596,429	28% below HPI
2004 18 JUN	£238,000	£287,993	17% below HPI
2002 21 AUG	£185,000	£235,716	22% below HPI
2001 31 AUG	£162,500	£201,690	19% below HPI
2000 4 OCT	£159,950	£183,369	13% below HPI

4 HAROLD 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 five 4 HAROLD CLOSE sales between October 2000 and November 2022 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 June 2004 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the November 2022 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 4 HAROLD CLOSE be worth now?

4 HAROLD CLOSE might now be worth an estimated £401,379.

This is based on house price deflation of 6.7%, between November 2022 and June 2025, 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 6.7% deflationary decrease is applied to the most recent sale price for 4 HAROLD CLOSE of £430,000 on 22nd November 2022. For the value to have decreased from £430,000 to £401,379 over the three years and five months to June 2025, the following assumptions must hold true:

• The value of 4 HAROLD CLOSE has moved in line with the HPI for detached houses in the Arun local authority area.
• The November 2022 sale price of £430,000 represented a fair market value for the property.
• The size, condition, and specification of 4 HAROLD CLOSE has not materially changed since November 2022.

How Large is 4 HAROLD CLOSE?

4 HAROLD CLOSE is 99m², which includes two extensions, according to the EPC inspection conducted in June 2022. This puts it in the smallest 40% of detached houses houses in Bognor Regis, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bognor Regis, and where 4 HAROLD CLOSE lies on this distribution: 37% of detached houses houses are smaller than 4 HAROLD CLOSE, and 62% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

4 HAROLD CLOSE: Plot and Title Map

4 HAROLD CLOSE sits on a plot of roughly 0.089 of an acre, or 361m². The below map shows the location of 4 HAROLD 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 4 HAROLD 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 4 HAROLD CLOSE?

4 HAROLD CLOSE is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 4 on HAROLD CLOSE.