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

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.

26 MEAD LANE is a small extended detached house of 93m², built sometime between 1967 and 1975, which could now be worth an estimated £421,587. It was last sold for £399,950 in December 2021, which was around 27% 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	£545,210	27% below HPI
1999 9 AUG	£122,500	£145,393	16% 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 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the December 2021 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 26 MEAD LANE be worth now?

26 MEAD LANE might now be worth an estimated £421,587.

This is based on house price inflation of 5.4%, between December 2021 and February 2025, for 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 5.4% inflationary increase is applied to the most recent sale price for 26 MEAD LANE of £399,950 on 10th December 2021. For the value to have increased from £399,950 to £421,587 over the four years and ten months to February 2025, the following assumptions must hold true:

• The value of 26 MEAD LANE has moved in line with the HPI for detached houses in the Arun local authority area.
• The December 2021 sale price of £399,950 represented a fair market value for the property.
• The size, condition, and specification of 26 MEAD LANE has not materially changed since December 2021.

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 houses in Bognor Regis, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bognor Regis, and where 26 MEAD LANE lies on this distribution: 31% of detached houses 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.