3, BARRACK LANE, BOGNOR REGIS, PO21 4BY - £519,000

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

3 BARRACK LANE is a midsized detached house of 119m², built sometime between 1950 and 1966. It was last sold for £519,000 in October 2023, which was around 5% below the average October 2023 detached price in the Arun local authority area. The most recent EPC inspection was May 2023, where the current energy rating was B, and the potential energy rating was A.

3 BARRACK LANE Sold Prices

Land registry data shows two sales for 3 BARRACK 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 3 BARRACK 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
2023 30 OCT	£519,000	£547,607	5% below HPI
2005 9 NOV	£280,000	£286,017	2% below HPI

3 BARRACK 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 3 BARRACK LANE sales from November 2005 and October 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 November 2005 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the October 2023 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 3 BARRACK LANE?

3 BARRACK LANE is 119m² according to the EPC inspection conducted in May 2023. This puts it in the largest 50% 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 3 BARRACK LANE lies on this distribution: 56% of detached houses are smaller than 3 BARRACK LANE, and 43% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

3 BARRACK LANE: Plot and Title Map

3 BARRACK LANE sits on a plot of roughly 0.185 of an acre, or 749m². The below map shows the location of 3 BARRACK 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 3 BARRACK 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 3 BARRACK LANE?

3 BARRACK LANE is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 3 on BARRACK LANE.