8, BALMORAL CLOSE, BOGNOR REGIS, PO21 4PP - £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.

8 BALMORAL CLOSE is a small terraced house of 94m², built sometime between 1967 and 1975, which could now be worth an estimated £364,360. It was last sold for £265,000 in June 2015, which was around 32% above the average June 2015 terraced price in the Arun local authority area. The most recent EPC inspection was November 2019, where the current energy rating was C, and the potential energy rating was B.

8 BALMORAL CLOSE Sold Prices

Land registry data shows two sales for 8 BALMORAL 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. Both of the two 8 BALMORAL 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
2015 26 JUN	£265,000	£200,448	32% above HPI
1996 3 SEP	£88,000	£47,675	85% above HPI

8 BALMORAL 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 8 BALMORAL CLOSE sales from September 1996 and June 2015 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 September 1996 sale was for 85% above the HPI. So the extrapolation line tracks at 85% above the HPI over time, until the June 2015 sale, where it falls to 32% above the HPI. The line then continues to track at 32% above the HPI.

What might 8 BALMORAL CLOSE be worth now?

8 BALMORAL CLOSE might now be worth an estimated £364,360.

This is based on house price inflation of 37.5%, between June 2015 and April 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 37.5% inflationary increase is applied to the most recent sale price for 8 BALMORAL CLOSE of £265,000 on 26th June 2015. For the value to have increased from £265,000 to £364,360 over the eleven years and two months to April 2026, the following assumptions must hold true:

• The value of 8 BALMORAL CLOSE has moved in line with the HPI for terraced houses in the Arun local authority area.
• The June 2015 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 8 BALMORAL CLOSE has not materially changed since June 2015.

How Large is 8 BALMORAL CLOSE?

8 BALMORAL CLOSE is 94m² according to the EPC inspection conducted in November 2019. This puts it in the smallest 40% 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 8 BALMORAL CLOSE lies on this distribution: 32% of terraced houses houses are smaller than 8 BALMORAL CLOSE, and 67% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

8 BALMORAL CLOSE: Plot and Title Map

8 BALMORAL CLOSE sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 8 BALMORAL 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 8 BALMORAL 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 8 BALMORAL CLOSE?

8 BALMORAL CLOSE is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 8 on BALMORAL CLOSE.