11, DRYGROUNDS LANE, BOGNOR REGIS, PO22 8PS - £565,500

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

11 DRYGROUNDS LANE is a small detached house of 92m², built sometime between 1983 and 1990. It was last sold for £565,500 in November 2023, which was around 3% above the average November 2023 detached price in the Arun local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.

11 DRYGROUNDS LANE Sold Prices

Land registry data shows two sales for 11 DRYGROUNDS LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Arun local authority area for the corresponding sale date. One of the two 11 DRYGROUNDS LANE sales was for above the average price, whilst the other was 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 29 NOV	£565,500	£548,445	3% above HPI
2003 20 OCT	£250,000	£265,133	6% below HPI

11 DRYGROUNDS 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 two 11 DRYGROUNDS LANE sales from October 2003 and November 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 October 2003 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the November 2023 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 11 DRYGROUNDS LANE?

11 DRYGROUNDS LANE is 92m² according to the EPC inspection conducted in October 2022. 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 11 DRYGROUNDS LANE lies on this distribution: 30% of detached houses are smaller than 11 DRYGROUNDS LANE, and 69% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

11 DRYGROUNDS LANE: Plot and Title Map

11 DRYGROUNDS LANE sits on a plot of roughly 0.171 of an acre, or 691m². The below map shows the location of 11 DRYGROUNDS 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 11 DRYGROUNDS 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 11 DRYGROUNDS LANE?

11 DRYGROUNDS LANE is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 11 on DRYGROUNDS LANE.