1, NEW BARN LANE, FELPHAM, BOGNOR REGIS, PO22 8LN - £445,000

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 NEW BARN LANE is a small extended detached house of 93m², built sometime between 1930 and 1949. It was last sold for £445,000 in May 2022, which was around 18% below the average May 2022 detached price in the Arun local authority area. The most recent EPC inspection was April 2024, where the current energy rating was D, and the potential energy rating was B.

1 NEW BARN LANE Sold Prices

Land registry data shows three sales for 1 NEW BARN LANE 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 NEW BARN 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
2022 9 MAY	£445,000	£543,538	18% below HPI
2007 2 AUG	£300,000	£337,588	11% below HPI
1996 14 JUN	£63,500	£97,611	35% below HPI

1 NEW BARN 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 three 1 NEW BARN LANE sales between June 1996 and May 2022 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 August 2007 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the May 2022 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 1 NEW BARN LANE?

1 NEW BARN LANE is 93m², which includes two extensions, according to the EPC inspection conducted in April 2024. This puts it in the smallest 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 NEW BARN LANE lies on this distribution: 31% of detached houses are smaller than 1 NEW BARN LANE, and 68% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

1 NEW BARN LANE: Plot and Title Map

1 NEW BARN LANE sits on a plot of roughly 0.088 of an acre, or 355m². The below map shows the location of 1 NEW BARN 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 NEW BARN 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 NEW BARN LANE?

1 NEW BARN LANE is located in FELPHAM, in the PO22 postcode district. The below map shows the position of No. 1 on NEW BARN LANE.