16, SEA LANE, PAGHAM, BOGNOR REGIS, PO21 4UL - £530,000

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

16 SEA LANE is a very large extended detached house of 187m², built sometime between 1967 and 1975. It was last sold for £530,000 in January 2020, which was around 16% above the average January 2020 detached price in the Arun local authority area. The most recent EPC inspection was July 2018, where the current energy rating was B, and the potential energy rating was B.

16 SEA LANE Sold Prices

Land registry data shows two sales for 16 SEA 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 16 SEA 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
2020 23 JAN	£530,000	£455,554	16% above HPI
2014 14 FEB	£220,000	£339,613	35% below HPI

16 SEA 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 16 SEA LANE sales from February 2014 and January 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 February 2014 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the January 2020 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is 16 SEA LANE?

16 SEA LANE is 187m², which includes one extension, according to the EPC inspection conducted in July 2018. This puts it in the largest 10% of detached houses in Pagham, based on EPC data. The below chart shows the distribution of detached houses by size in Pagham, and where 16 SEA LANE lies on this distribution: 96% of detached houses are smaller than 16 SEA LANE, and 4% of houses are larger. Note that EPC data is not available for all properties in Pagham.

16 SEA LANE: Plot and Title Map

16 SEA LANE sits on a plot of roughly 0.192 of an acre, or 776m². The below map shows the location of 16 SEA 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 16 SEA 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 16 SEA LANE?

16 SEA LANE is located in PAGHAM, in the PO21 postcode district. The below map shows the position of No. 16 on SEA LANE.