1, LAGOON ROAD, BOGNOR REGIS, PO21 4TJ - £245,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 LAGOON ROAD is a midsized detached house of 93m², built sometime between 1996 and 2002. It was last sold for £245,000 in December 2009, which was around 20% below the average December 2009 detached price in the Arun local authority area. The most recent EPC inspection was August 2009, where the current energy rating was D, and the potential energy rating was C.

1 LAGOON ROAD Sold Prices

Land registry data shows three sales for 1 LAGOON ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Arun local authority area for the corresponding sale date. All of the three 1 LAGOON ROAD 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
2009 2 DEC	£245,000	£306,768	20% below HPI
2006 27 APR	£272,000	£288,685	6% below HPI
2002 28 OCT	£210,000	£238,808	12% below HPI

1 LAGOON ROAD 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 three 1 LAGOON ROAD sales between October 2002 and December 2009 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 April 2006 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the December 2009 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 1 LAGOON ROAD?

1 LAGOON ROAD is 93m² according to the EPC inspection conducted in August 2009. This puts it in the smallest 50% of detached houses in Pagham, based on EPC data. The below chart shows the distribution of detached houses by size in Pagham, and where 1 LAGOON ROAD lies on this distribution: 44% of detached houses are smaller than 1 LAGOON ROAD, and 56% of houses are larger. Note that EPC data is not available for all properties in Pagham.

1 LAGOON ROAD: Plot and Title Map

1 LAGOON ROAD sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 1 LAGOON ROAD, 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 LAGOON ROAD). 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 LAGOON ROAD?

1 LAGOON ROAD is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 1 on LAGOON ROAD.