24, VICARAGE LANE, BOGNOR REGIS, PO22 7DZ - £312,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

24 VICARAGE LANE is a very small semi-detached house of 58m², built sometime between 1950 and 1966, which could now be worth an estimated £375,643. It was last sold for £312,000 in September 2018, which was around 4% above the average September 2018 semi-detached price in the Arun local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was B.

24 VICARAGE LANE Sold Prices

Land registry data shows three sales for 24 VICARAGE LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Arun local authority area for the corresponding sale date. Two of the three 24 VICARAGE LANE sales were for above the average price, whilst one was 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
2018 20 SEP	£312,000	£300,656	4% above HPI
2010 12 AUG	£219,950	£214,893	2% above HPI
1997 24 OCT	£68,500	£73,940	7% below HPI

24 VICARAGE LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Arun local authority area over time, sourced from the HPI. The three 24 VICARAGE LANE sales between October 1997 and September 2018 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 August 2010 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the September 2018 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 24 VICARAGE LANE be worth now?

24 VICARAGE LANE might now be worth an estimated £375,643.

This is based on house price inflation of 20.4%, between September 2018 and February 2025, for semi-detached houses, in the Arun local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20.4% inflationary increase is applied to the most recent sale price for 24 VICARAGE LANE of £312,000 on 20th September 2018. For the value to have increased from £312,000 to £375,643 over the seven years and seven months to February 2025, the following assumptions must hold true:

• The value of 24 VICARAGE LANE has moved in line with the HPI for semi-detached houses in the Arun local authority area.
• The September 2018 sale price of £312,000 represented a fair market value for the property.
• The size, condition, and specification of 24 VICARAGE LANE has not materially changed since September 2018.

How Large is 24 VICARAGE LANE?

24 VICARAGE LANE is 58m² according to the EPC inspection conducted in March 2018. This puts it in the smallest 10% of semi-detached houses houses in Bognor Regis, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Bognor Regis, and where 24 VICARAGE LANE lies on this distribution: 2% of semi-detached houses houses are smaller than 24 VICARAGE LANE, and 98% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

24 VICARAGE LANE: Plot and Title Map

24 VICARAGE LANE sits on a plot of roughly 0.084 of an acre, or 341m². The below map shows the location of 24 VICARAGE 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 24 VICARAGE 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 24 VICARAGE LANE?

24 VICARAGE LANE is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 24 on VICARAGE LANE.