18, LEY ROAD, BOGNOR REGIS, PO22 7HR - £560,000

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

18 LEY ROAD is a small extended detached house of 100m², built sometime between 1950 and 1966. It was last sold for £560,000 in October 2018, which was around 21% above the average October 2018 detached price in the Arun local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was B.

18 LEY ROAD Sold Prices

Land registry data shows three sales for 18 LEY ROAD 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. One of the three 18 LEY ROAD sales was for above the average price, whilst two 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
2018 15 OCT	£560,000	£464,432	21% above HPI
2017 30 JAN	£285,000	£425,302	33% below HPI
2000 2 AUG	£155,000	£173,108	10% below HPI

18 LEY ROAD 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 18 LEY ROAD sales between August 2000 and October 2018 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 January 2017 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the October 2018 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is 18 LEY ROAD?

18 LEY ROAD is 100m², which includes one extension, according to the EPC inspection conducted in November 2016. 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 18 LEY ROAD lies on this distribution: 39% of detached houses are smaller than 18 LEY ROAD, and 60% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

18 LEY ROAD: Plot and Title Map

18 LEY ROAD sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of 18 LEY ROAD, 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 18 LEY ROAD). 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 18 LEY ROAD?

18 LEY ROAD is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 18 on LEY ROAD.