8, EDINBURGH CLOSE, BOGNOR REGIS, PO21 4PW - £366,000

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 EDINBURGH CLOSE is a small terraced house of 96m², built sometime between 1967 and 1975, which could now be worth an estimated £359,948. It was last sold for £366,000 in August 2023, which was around 30% above the average August 2023 terraced price in the Arun local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was B.

8 EDINBURGH CLOSE Sold Prices

Land registry data shows three sales for 8 EDINBURGH CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Arun local authority area for the corresponding sale date. All of the three 8 EDINBURGH 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
2023 23 AUG	£366,000	£281,253	30% above HPI
2015 23 OCT	£248,000	£203,810	22% above HPI
2001 10 AUG	£133,000	£89,513	49% above HPI

8 EDINBURGH 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 three 8 EDINBURGH CLOSE sales between August 2001 and August 2023 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 October 2015 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the August 2023 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

What might 8 EDINBURGH CLOSE be worth now?

8 EDINBURGH CLOSE might now be worth an estimated £359,948.

This is based on house price deflation of 1.7%, between August 2023 and May 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 1.7% deflationary decrease is applied to the most recent sale price for 8 EDINBURGH CLOSE of £366,000 on 23rd August 2023. For the value to have decreased from £366,000 to £359,948 over the three years and three months to May 2026, the following assumptions must hold true:

• The value of 8 EDINBURGH CLOSE has moved in line with the HPI for terraced houses in the Arun local authority area.
• The August 2023 sale price of £366,000 represented a fair market value for the property.
• The size, condition, and specification of 8 EDINBURGH CLOSE has not materially changed since August 2023.

How Large is 8 EDINBURGH CLOSE?

8 EDINBURGH CLOSE is 96m² according to the EPC inspection conducted in April 2023. 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 EDINBURGH CLOSE lies on this distribution: 33% of terraced houses houses are smaller than 8 EDINBURGH CLOSE, and 66% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

8 EDINBURGH CLOSE: Plot and Title Map

8 EDINBURGH CLOSE sits on a plot of roughly 0.045 of an acre, or 181m². The below map shows the location of 8 EDINBURGH 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 EDINBURGH 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 EDINBURGH CLOSE?

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