12, PAYNE CLOSE, BOGNOR REGIS, PO21 4QA - £192,500

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.

12 PAYNE CLOSE is a semi-detached house, which could now be worth an estimated £357,614. It was last sold for £192,500 in February 2009, which was around 1% above the average February 2009 semi-detached price in the Arun local authority area.

12 PAYNE CLOSE Sold Prices

Land registry data shows three sales for 12 PAYNE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Arun local authority area for the corresponding sale date. One of the three 12 PAYNE CLOSE sales was for above the average price, whilst two 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
2009 6 FEB	£192,500	£190,833	1% above HPI
2001 17 SEP	£99,950	£121,199	18% below HPI
1999 14 APR	£49,500	£81,054	39% below HPI

What might 12 PAYNE CLOSE be worth now?

12 PAYNE CLOSE might now be worth an estimated £357,614.

This is based on house price inflation of 85.8%, between February 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 85.8% inflationary increase is applied to the most recent sale price for 12 PAYNE CLOSE of £192,500 on 6th February 2009. For the value to have increased from £192,500 to £357,614 over the sixteen years and nine months to May 2026, the following assumptions must hold true:

• The value of 12 PAYNE CLOSE has moved in line with the HPI for semi-detached houses in the Arun local authority area.
• The February 2009 sale price of £192,500 represented a fair market value for the property.
• The size, condition, and specification of 12 PAYNE CLOSE has not materially changed since February 2009.

Where is 12 PAYNE CLOSE?

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