10, PAYNE CLOSE, BOGNOR REGIS, PO21 4QA - £174,500

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.

10 PAYNE CLOSE is a small extended semi-detached house of 67m², built sometime between 1950 and 1966, which could now be worth an estimated £321,437. It was last sold for £174,500 in September 2009, which was around 9% below the average September 2009 semi-detached price in the Arun local authority area. The most recent EPC inspection was October 2008, where the current energy rating was E, and the potential energy rating was C.

10 PAYNE CLOSE Sold Prices

Land registry data shows one sale for 10 PAYNE CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-detached price in the Arun local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2009 25 SEP	£174,500	£192,458	9% below HPI

What might 10 PAYNE CLOSE be worth now?

10 PAYNE CLOSE might now be worth an estimated £321,437.

This is based on house price inflation of 84.2%, between September 2009 and May 2026, 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 84.2% inflationary increase is applied to the most recent sale price for 10 PAYNE CLOSE of £174,500 on 25th September 2009. For the value to have increased from £174,500 to £321,437 over the seventeen years and four months to May 2026, the following assumptions must hold true:

• The value of 10 PAYNE CLOSE has moved in line with the HPI for semi-detached houses in the Arun local authority area.
• The September 2009 sale price of £174,500 represented a fair market value for the property.
• The size, condition, and specification of 10 PAYNE CLOSE has not materially changed since September 2009.

How Large is 10 PAYNE CLOSE?

10 PAYNE CLOSE is 67m², which includes one extension, according to the EPC inspection conducted in October 2008. This puts it in the smallest 30% of semi-detached houses in Bognor Regis, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Bognor Regis, and where 10 PAYNE CLOSE lies on this distribution: 22% of semi-detached houses are smaller than 10 PAYNE CLOSE, and 78% of semi-detached houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

10 PAYNE CLOSE: Plot

10 PAYNE CLOSE sits on a plot of roughly 0.133 of an acre, or 537m².

Where is 10 PAYNE CLOSE?

10 PAYNE CLOSE is located in BOGNOR REGIS, in the PO21 postcode district.