1AA, WESTLOATS LANE, BOGNOR REGIS, PO21 5LA - £257,000

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

1AA WESTLOATS LANE is a very small extended detached house of 75m², built sometime between 2003 and 2006. It was last sold for £257,000 in October 2017, which was around 42% below the average October 2017 detached price in the Arun local authority area. The most recent EPC inspection was May 2017, where the current energy rating was C, and the potential energy rating was B.

1AA WESTLOATS LANE Sold Prices

Land registry data shows two sales for 1AA WESTLOATS 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 1AA WESTLOATS 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
2017 20 OCT	£257,000	£446,892	42% below HPI
2005 21 FEB	£179,500	£290,882	38% below HPI

1AA WESTLOATS 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 1AA WESTLOATS LANE sales from February 2005 and October 2017 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 2005 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the October 2017 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 1AA WESTLOATS LANE?

1AA WESTLOATS LANE is 75m², which includes two extensions, according to the EPC inspection conducted in May 2017. This puts it in the smallest 20% 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 1AA WESTLOATS LANE lies on this distribution: 12% of detached houses are smaller than 1AA WESTLOATS LANE, and 87% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

1AA WESTLOATS LANE: Plot and Title Map

1AA WESTLOATS LANE sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 1AA WESTLOATS 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 1AA WESTLOATS 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 1AA WESTLOATS LANE?

1AA WESTLOATS LANE is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 1AA on WESTLOATS LANE.