7, PAYNE CLOSE, BOGNOR REGIS, PO21 4QA - £232,000

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.

7 PAYNE CLOSE is a very small semi-detached house of 63m², built sometime between 1967 and 1975, which could now be worth an estimated £295,105. It was last sold for £232,000 in June 2017, which was around 17% below the average June 2017 semi-detached price in the Arun local authority area. The most recent EPC inspection was January 2017, where the current energy rating was F, and the potential energy rating was C.

7 PAYNE CLOSE Sold Prices

Land registry data shows one sale for 7 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
2017 8 JUN	£232,000	£278,707	17% below HPI

What might 7 PAYNE CLOSE be worth now?

7 PAYNE CLOSE might now be worth an estimated £295,105.

This is based on house price inflation of 27.2%, between June 2017 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 27.2% inflationary increase is applied to the most recent sale price for 7 PAYNE CLOSE of £232,000 on 8th June 2017. For the value to have increased from £232,000 to £295,105 over the nine years and one month to May 2026, the following assumptions must hold true:

• The value of 7 PAYNE CLOSE has moved in line with the HPI for semi-detached houses in the Arun local authority area.
• The June 2017 sale price of £232,000 represented a fair market value for the property.
• The size, condition, and specification of 7 PAYNE CLOSE has not materially changed since June 2017.

How Large is 7 PAYNE CLOSE?

7 PAYNE CLOSE is 63m² according to the EPC inspection conducted in January 2017. This puts it in the smallest 20% 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 7 PAYNE CLOSE lies on this distribution: 17% of semi-detached houses are smaller than 7 PAYNE CLOSE, and 82% of semi-detached houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

7 PAYNE CLOSE: Plot

7 PAYNE CLOSE sits on a plot of roughly 0.099 of an acre, or 400m².

Where is 7 PAYNE CLOSE?

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