Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
29 CHALCRAFT LANE is a very small detached house of 61m², built sometime between 1976 and 1982. It was last sold for £254,000 in October 2015, which was around 36% below the average October 2015 detached price in the Arun local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 29 CHALCRAFT LANE since 1st 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 29 CHALCRAFT 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 14 OCT | £254,000 | £394,663 | 36% below HPI |
1999 10 SEP | £85,000 | £142,987 | 41% below HPI |
1999 5 FEB | £84,000 | £130,668 | 36% below HPI |
The below graph shows the average detached house price in the Arun local authority area over time, sourced from the HPI. The three 29 CHALCRAFT LANE sales between February 1999 and October 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 September 1999 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the October 2015 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.
29 CHALCRAFT LANE is 61m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 10% 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 29 CHALCRAFT LANE lies on this distribution: 3% of detached houses are smaller than 29 CHALCRAFT LANE, and 97% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.
29 CHALCRAFT LANE sits on a plot of roughly 0.104 of an acre, or 420m². The below map shows the location of 29 CHALCRAFT 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 29 CHALCRAFT 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.
29 CHALCRAFT LANE is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 29 on CHALCRAFT LANE.