26, MEAD LANE, BOGNOR REGIS, PO22 8AP - £399,950

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

26 MEAD LANE is a small extended detached house of 93m², built sometime between 1967 and 1975. It was last sold for £399,950 in December 2021, which was around 24% below the average December 2021 detached price in the Arun local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was B.

26 MEAD LANE Sold Prices

Land registry data shows two sales for 26 MEAD 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 26 MEAD 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
2021 10 DEC	£399,950	£525,540	24% below HPI
1999 9 AUG	£122,500	£140,147	13% below HPI

26 MEAD 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 26 MEAD LANE sales from August 1999 and December 2021 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 1999 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the December 2021 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 26 MEAD LANE?

26 MEAD LANE is 93m², which includes one extension, according to the EPC inspection conducted in August 2021. 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 26 MEAD LANE lies on this distribution: 31% of detached houses are smaller than 26 MEAD LANE, and 68% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

26 MEAD LANE: Plot and Title Map

26 MEAD LANE sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 26 MEAD 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 26 MEAD 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 26 MEAD LANE?

26 MEAD LANE is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 26 on MEAD LANE.