2, LAKE VIEW, BOGNOR REGIS, PO21 4QP - £329,950

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

2 LAKE VIEW is a small detached house of 89m², built sometime between 1976 and 1982. It was last sold for £329,950 in July 2015, which was around 15% below the average July 2015 detached price in the Arun local authority area. The most recent EPC inspection was March 2021, where the current energy rating was D, and the potential energy rating was C.

2 LAKE VIEW Sold Prices

Land registry data shows three sales for 2 LAKE VIEW 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 2 LAKE VIEW 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
2015 21 JUL	£329,950	£388,324	15% below HPI
2013 31 MAY	£260,000	£324,855	20% below HPI
2002 16 JUL	£187,000	£220,773	15% below HPI

2 LAKE VIEW 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 2 LAKE VIEW sales between July 2002 and July 2015 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 2013 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the July 2015 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 2 LAKE VIEW?

2 LAKE VIEW is 89m² according to the EPC inspection conducted in March 2021. This puts it in the smallest 30% 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 2 LAKE VIEW lies on this distribution: 27% of detached houses are smaller than 2 LAKE VIEW, and 72% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

2 LAKE VIEW: Plot and Title Map

2 LAKE VIEW sits on a plot of roughly 0.095 of an acre, or 383m². The below map shows the location of 2 LAKE VIEW, 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 2 LAKE VIEW). 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 2 LAKE VIEW?

2 LAKE VIEW is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 2 on LAKE VIEW.