2C, LAGOON ROAD, BOGNOR REGIS, PO21 4TJ - £525,000

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

2C LAGOON ROAD is a large detached house of 113m², built sometime between 2003 and 2006. It was last sold for £525,000 in November 2023, which was around 4% below the average November 2023 detached price in the Arun local authority area. The most recent EPC inspection was March 2023, where the current energy rating was B, and the potential energy rating was B.

2C LAGOON ROAD Sold Prices

Land registry data shows three sales for 2C LAGOON ROAD since 1^st 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. One of the three 2C LAGOON ROAD sales was for below the average price, whilst two were for above 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
2023 29 NOV	£525,000	£548,445	4% below HPI
2009 3 APR	£315,000	£276,012	14% above HPI
2004 9 JUN	£300,000	£277,603	8% above HPI

2C LAGOON ROAD 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 three 2C LAGOON ROAD sales between June 2004 and November 2023 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 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the November 2023 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 2C LAGOON ROAD?

2C LAGOON ROAD is 113m² according to the EPC inspection conducted in March 2023. This puts it in the largest 40% of detached houses in Pagham, based on EPC data. The below chart shows the distribution of detached houses by size in Pagham, and where 2C LAGOON ROAD lies on this distribution: 64% of detached houses are smaller than 2C LAGOON ROAD, and 36% of houses are larger. Note that EPC data is not available for all properties in Pagham.

2C LAGOON ROAD: Plot and Title Map

2C LAGOON ROAD sits on a plot of roughly 0.113 of an acre, or 455m². The below map shows the location of 2C LAGOON ROAD, 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 2C LAGOON ROAD). 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 2C LAGOON ROAD?

2C LAGOON ROAD is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 2C on LAGOON ROAD.