41, ELIZABETH CLOSE, BOGNOR REGIS, PO21 3EN - £245,000

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.

41 ELIZABETH CLOSE is a very small extended semi-detached house of 75m², built sometime between 1950 and 1966, which could now be worth an estimated £297,831. It was last sold for £245,000 in October 2017, which was around 15% below the average October 2017 semi-detached price in the Arun local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was C.

41 ELIZABETH CLOSE Sold Prices

Land registry data shows two sales for 41 ELIZABETH CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Arun local authority area for the corresponding sale date. Both of the two 41 ELIZABETH 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
2017 27 OCT	£245,000	£289,699	15% below HPI
1995 30 JUN	£60,000	£61,839	3% below HPI

41 ELIZABETH CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Arun local authority area over time, sourced from the HPI. The two 41 ELIZABETH CLOSE sales from June 1995 and October 2017 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 1995 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the October 2017 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 41 ELIZABETH CLOSE be worth now?

41 ELIZABETH CLOSE might now be worth an estimated £297,831.

This is based on house price inflation of 21.6%, between October 2017 and June 2025, for semi-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 21.6% inflationary increase is applied to the most recent sale price for 41 ELIZABETH CLOSE of £245,000 on 27th October 2017. For the value to have increased from £245,000 to £297,831 over the eight years and four months to June 2025, the following assumptions must hold true:

• The value of 41 ELIZABETH CLOSE has moved in line with the HPI for semi-detached houses in the Arun local authority area.
• The October 2017 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 41 ELIZABETH CLOSE has not materially changed since October 2017.

How Large is 41 ELIZABETH CLOSE?

41 ELIZABETH CLOSE is 75m², which includes one extension, according to the EPC inspection conducted in July 2017. This puts it in the smallest 20% of semi-detached houses houses in Bognor Regis, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Bognor Regis, and where 41 ELIZABETH CLOSE lies on this distribution: 12% of semi-detached houses houses are smaller than 41 ELIZABETH CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

41 ELIZABETH CLOSE: Plot and Title Map

41 ELIZABETH CLOSE sits on a plot of roughly 0.086 of an acre, or 349m². The below map shows the location of 41 ELIZABETH 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 41 ELIZABETH 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 41 ELIZABETH CLOSE?

41 ELIZABETH CLOSE is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 41 on ELIZABETH CLOSE.