8, DOUGLAS CLOSE, BOGNOR REGIS, PO22 7UE - £255,000

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 DOUGLAS CLOSE is a very small terraced house of 62m², built sometime between 1991 and 1995, which could now be worth an estimated £293,010. It was last sold for £255,000 in August 2018, which was around 7% above the average August 2018 terraced price in the Arun local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.

8 DOUGLAS CLOSE Sold Prices

Land registry data shows five sales for 8 DOUGLAS CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Arun local authority area for the corresponding sale date. All of the five 8 DOUGLAS 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
2018 2 AUG	£255,000	£237,881	7% above HPI
2005 2 DEC	£180,000	£153,321	17% above HPI
2004 2 AUG	£170,000	£146,982	16% above HPI
2002 18 OCT	£138,000	£110,478	25% above HPI
1999 30 JUN	£75,000	£62,797	19% above HPI

8 DOUGLAS 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 five 8 DOUGLAS CLOSE sales between June 1999 and August 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 December 2005 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the August 2018 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 8 DOUGLAS CLOSE be worth now?

8 DOUGLAS CLOSE might now be worth an estimated £293,010.

This is based on house price inflation of 14.9%, between August 2018 and June 2025, 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 14.9% inflationary increase is applied to the most recent sale price for 8 DOUGLAS CLOSE of £255,000 on 2nd August 2018. For the value to have increased from £255,000 to £293,010 over the seven years and two months to June 2025, the following assumptions must hold true:

• The value of 8 DOUGLAS CLOSE has moved in line with the HPI for terraced houses in the Arun local authority area.
• The August 2018 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of 8 DOUGLAS CLOSE has not materially changed since August 2018.

How Large is 8 DOUGLAS CLOSE?

8 DOUGLAS CLOSE is 62m² according to the EPC inspection conducted in October 2015. 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 8 DOUGLAS CLOSE lies on this distribution: 3% of terraced houses houses are smaller than 8 DOUGLAS CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

8 DOUGLAS CLOSE: Plot and Title Map

8 DOUGLAS CLOSE sits on a plot of roughly 0.023 of an acre, or 92m². The below map shows the location of 8 DOUGLAS 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 DOUGLAS 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 DOUGLAS CLOSE?

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