8, BEACONSFIELD CLOSE, BOGNOR REGIS, PO22 7SH - £345,000

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 BEACONSFIELD CLOSE is a very small detached house of 70m², built sometime between 1967 and 1975, which could now be worth an estimated £419,946. It was last sold for £345,000 in March 2018, which was around 26% below the average March 2018 detached price in the Arun local authority area. The most recent EPC inspection was March 2015, where the current energy rating was C, and the potential energy rating was B.

8 BEACONSFIELD CLOSE Sold Prices

Land registry data shows two sales for 8 BEACONSFIELD CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Arun local authority area for the corresponding sale date. Both of the two 8 BEACONSFIELD 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
2018 2 MAR	£345,000	£464,803	26% below HPI
2015 5 JUN	£240,000	£399,596	40% below HPI

8 BEACONSFIELD 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 two 8 BEACONSFIELD CLOSE sales from June 2015 and March 2018 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 2015 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the March 2018 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 8 BEACONSFIELD CLOSE be worth now?

8 BEACONSFIELD CLOSE might now be worth an estimated £419,946.

This is based on house price inflation of 21.7%, between March 2018 and March 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 21.7% inflationary increase is applied to the most recent sale price for 8 BEACONSFIELD CLOSE of £345,000 on 2nd March 2018. For the value to have increased from £345,000 to £419,946 over the seven years to March 2025, the following assumptions must hold true:

• The value of 8 BEACONSFIELD CLOSE has moved in line with the HPI for detached houses in the Arun local authority area.
• The March 2018 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 8 BEACONSFIELD CLOSE has not materially changed since March 2018.

How Large is 8 BEACONSFIELD CLOSE?

8 BEACONSFIELD CLOSE is 70m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 10% 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 8 BEACONSFIELD CLOSE lies on this distribution: 8% of detached houses houses are smaller than 8 BEACONSFIELD CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

8 BEACONSFIELD CLOSE: Plot and Title Map

8 BEACONSFIELD CLOSE sits on a plot of roughly 0.089 of an acre, or 359m². The below map shows the location of 8 BEACONSFIELD 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 BEACONSFIELD 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 BEACONSFIELD CLOSE?

8 BEACONSFIELD CLOSE is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 8 on BEACONSFIELD CLOSE.