1, LOATS LANE, BOGNOR REGIS, PO21 5EP - £435,000

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 LOATS LANE is a large extended detached house of 124m², built sometime between 1950 and 1966. It was last sold for £435,000 in April 2023, which was around 23% below the average April 2023 detached price in the Arun local authority area. The most recent EPC inspection was February 2023, where the current energy rating was C, and the potential energy rating was B.

1 LOATS LANE Sold Prices

Land registry data shows four sales for 1 LOATS 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 LOATS 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
2023 18 APR	£435,000	£562,625	23% below HPI
2023 11 JAN	£245,000	£568,771	57% below HPI
2006 19 APR	£180,000	£288,685	38% below HPI
1998 14 DEC	£87,000	£132,616	34% below HPI

1 LOATS 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 LOATS LANE sales between December 1998 and April 2023 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 January 2023 sale was for 57% below the HPI. So the extrapolation line tracks at 57% below the HPI over time, until the April 2023 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 1 LOATS LANE?

1 LOATS LANE is 124m², which includes one extension, according to the EPC inspection conducted in February 2023. This puts it in the largest 40% 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 LOATS LANE lies on this distribution: 60% of detached houses are smaller than 1 LOATS LANE, and 39% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

1 LOATS LANE: Plot and Title Map

1 LOATS LANE sits on a plot of roughly 0.118 of an acre, or 479m². The below map shows the location of 1 LOATS 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 LOATS 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 LOATS LANE?

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