1, THE LAYNE, BOGNOR REGIS, PO22 6JJ - £280,000

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 THE LAYNE is a very small detached house of 78m², built sometime between 1930 and 1949. It was last sold for £280,000 in June 2019, which was around 38% below the average June 2019 detached price in the Arun local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was B.

1 THE LAYNE Sold Prices

Land registry data shows three sales for 1 THE LAYNE 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 THE LAYNE 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
2019 3 JUN	£280,000	£452,823	38% below HPI
2010 5 AUG	£228,000	£328,318	31% below HPI
2002 22 NOV	£180,000	£241,389	25% below HPI

1 THE LAYNE 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 THE LAYNE sales between November 2002 and June 2019 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 2010 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the June 2019 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 1 THE LAYNE?

1 THE LAYNE is 78m² according to the EPC inspection conducted in March 2022. 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 THE LAYNE lies on this distribution: 16% of detached houses are smaller than 1 THE LAYNE, and 84% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

1 THE LAYNE: Plot and Title Map

1 THE LAYNE sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 1 THE LAYNE, 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 THE LAYNE). 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 THE LAYNE?

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