2, SCHOOL LANE, ARUNDEL, BN18 9DR - £405,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

2 SCHOOL LANE is a very small extended semi-detached house of 68m², built sometime before 1900. It was last sold for £405,000 in October 2022, which was around 28% below the average October 2022 detached price in the Arun local authority area. The most recent EPC inspection was October 2023, where the current energy rating was D, and the potential energy rating was B.

2 SCHOOL LANE Sold Prices

Land registry data shows three sales for 2 SCHOOL LANE 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 SCHOOL 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
2022 19 OCT	£405,000	£566,180	28% below HPI
2009 18 NOV	£262,500	£304,996	14% below HPI
2002 19 JUL	£172,000	£220,773	22% below HPI

2 SCHOOL 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 three 2 SCHOOL LANE sales between July 2002 and October 2022 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 November 2009 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the October 2022 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 2 SCHOOL LANE?

2 SCHOOL LANE is 68m², which includes one extension, according to the EPC inspection conducted in October 2023. This puts it in the smallest 10% of detached houses in Arundel, based on EPC data. The below chart shows the distribution of detached houses by size in Arundel, and where 2 SCHOOL LANE lies on this distribution: 3% of detached houses are smaller than 2 SCHOOL LANE, and 97% of houses are larger. Note that EPC data is not available for all properties in Arundel.

2 SCHOOL LANE: Plot and Title Map

2 SCHOOL LANE sits on a plot of roughly 0.009 of an acre, or 36m². The below map shows the location of 2 SCHOOL 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 2 SCHOOL 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 2 SCHOOL LANE?

2 SCHOOL LANE is located in ARUNDEL, in the BN18 postcode district. The below map shows the position of No. 2 on SCHOOL LANE.