122, FLANSHAM LANE, BOGNOR REGIS, PO22 6BB - £340,000

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

122 FLANSHAM LANE is a large extended detached house of 127m², built sometime between 1976 and 1982. It was last sold for £340,000 in July 2020, which was around 25% below the average July 2020 detached price in the Arun local authority area. The most recent EPC inspection was July 2013, where the current energy rating was E, and the potential energy rating was C.

122 FLANSHAM LANE Sold Prices

Land registry data shows three sales for 122 FLANSHAM 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 122 FLANSHAM 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
2020 20 JUL	£340,000	£453,319	25% below HPI
2001 16 OCT	£144,000	£199,099	28% below HPI
1999 8 DEC	£130,000	£151,548	14% below HPI

122 FLANSHAM 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 122 FLANSHAM LANE sales between December 1999 and July 2020 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 2001 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the July 2020 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 122 FLANSHAM LANE?

122 FLANSHAM LANE is 127m², which includes two extensions, according to the EPC inspection conducted in July 2013. 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 122 FLANSHAM LANE lies on this distribution: 62% of detached houses are smaller than 122 FLANSHAM LANE, and 37% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

122 FLANSHAM LANE: Plot and Title Map

122 FLANSHAM LANE sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of 122 FLANSHAM 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 122 FLANSHAM 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 122 FLANSHAM LANE?

122 FLANSHAM LANE is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 122 on FLANSHAM LANE.