20, SUMMERLEY LANE, BOGNOR REGIS, PO22 7HP - £340,000

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

20 SUMMERLEY LANE is a small extended detached house of 95m², built sometime between 1930 and 1949. It was last sold for £340,000 in May 2015, which was around 12% below the average May 2015 detached price in the Arun local authority area. The most recent EPC inspection was October 2010, where the current energy rating was E, and the potential energy rating was D.

20 SUMMERLEY LANE Sold Prices

Land registry data shows two sales for 20 SUMMERLEY 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 20 SUMMERLEY 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
2015 5 MAY	£340,000	£386,324	12% below HPI
2009 27 APR	£240,000	£276,012	13% below HPI

20 SUMMERLEY 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 20 SUMMERLEY LANE sales from April 2009 and May 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 April 2009 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the May 2015 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 20 SUMMERLEY LANE?

20 SUMMERLEY LANE is 95m², which includes one extension, according to the EPC inspection conducted in October 2010. 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 20 SUMMERLEY LANE lies on this distribution: 34% of detached houses are smaller than 20 SUMMERLEY LANE, and 66% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

20 SUMMERLEY LANE: Plot and Title Map

20 SUMMERLEY LANE sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of 20 SUMMERLEY 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 20 SUMMERLEY 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 20 SUMMERLEY LANE?

20 SUMMERLEY LANE is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 20 on SUMMERLEY LANE.