1, ASHMERE LANE, BOGNOR REGIS, PO22 7QT - £270,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 ASHMERE LANE is a very small detached house of 79m², built sometime between 1950 and 1966. It was last sold for £270,000 in September 2013, which was around 21% below the average September 2013 detached price in the Arun local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was B.

1 ASHMERE LANE Sold Prices

Land registry data shows four sales for 1 ASHMERE LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Arun local authority area for the corresponding sale date. All of the four 1 ASHMERE LANE sales 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
2013 18 SEP	£270,000	£341,644	21% below HPI
2000 24 FEB	£140,000	£158,771	12% below HPI
1998 9 JAN	£110,000	£117,666	7% below HPI
1995 17 AUG	£88,000	£97,605	10% below HPI

1 ASHMERE LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Arun local authority area over time, sourced from the HPI. The four 1 ASHMERE LANE sales between August 1995 and September 2013 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 February 2000 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the September 2013 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 1 ASHMERE LANE?

1 ASHMERE LANE is 79m² according to the EPC inspection conducted in June 2013. This puts it in the smallest 20% of detached houses in Bognor Regis, based on EPC data. The below chart shows the distribution of detached houses by size in Bognor Regis, and where 1 ASHMERE LANE lies on this distribution: 17% of detached houses are smaller than 1 ASHMERE LANE, and 82% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

1 ASHMERE LANE: Plot and Title Map

1 ASHMERE LANE sits on a plot of roughly 0.200 of an acre, or 809m². The below map shows the location of 1 ASHMERE LANE, 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 1 ASHMERE LANE). 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 1 ASHMERE LANE?

1 ASHMERE LANE is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 1 on ASHMERE LANE.