18, SEA LANE, PAGHAM, BOGNOR REGIS, PO21 4UL - £337,000

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 SEA LANE is a small extended detached house of 79m², built sometime between 1950 and 1966. It was last sold for £337,000 in September 2014, which was around 8% below the average September 2014 detached price in the Arun local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was B.

18 SEA LANE Sold Prices

Land registry data shows two sales for 18 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. Both of the two 18 SEA 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
2014 17 SEP	£337,000	£365,612	8% below HPI
1995 25 MAY	£86,000	£93,614	8% below HPI

18 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 18 SEA LANE sales from May 1995 and September 2014 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 May 1995 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the September 2014 sale, which was also at 8% below the HPI.

How Large is 18 SEA LANE?

18 SEA LANE is 79m², which includes one extension, according to the EPC inspection conducted in April 2014. This puts it in the smallest 30% of detached houses in Pagham, based on EPC data. The below chart shows the distribution of detached houses by size in Pagham, and where 18 SEA LANE lies on this distribution: 24% of detached houses are smaller than 18 SEA LANE, and 75% of houses are larger. Note that EPC data is not available for all properties in Pagham.

18 SEA LANE: Plot and Title Map

18 SEA LANE sits on a plot of roughly 0.159 of an acre, or 644m². The below map shows the location of 18 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 18 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 18 SEA LANE?

18 SEA LANE is located in PAGHAM, in the PO21 postcode district. The below map shows the position of No. 18 on SEA LANE.