30, CRAIGWEIL LANE, BOGNOR REGIS, PO21 4AN - £600,000

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

30 CRAIGWEIL LANE is a very large detached house of 165m², built sometime between 1967 and 1975. It was last sold for £600,000 in March 2024, which was around 10% above the average March 2024 detached price in the Arun local authority area. The most recent EPC inspection was August 2023, where the current energy rating was D, and the potential energy rating was C.

30 CRAIGWEIL LANE Sold Prices

Land registry data shows two sales for 30 CRAIGWEIL 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 30 CRAIGWEIL LANE sales 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
2024 5 MAR	£600,000	£543,335	10% above HPI
1998 21 SEP	£182,500	£129,913	40% above HPI

30 CRAIGWEIL 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 30 CRAIGWEIL LANE sales from September 1998 and March 2024 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 1998 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the March 2024 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 30 CRAIGWEIL LANE?

30 CRAIGWEIL LANE is 165m² according to the EPC inspection conducted in August 2023. This puts it in the largest 20% 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 30 CRAIGWEIL LANE lies on this distribution: 83% of detached houses are smaller than 30 CRAIGWEIL LANE, and 16% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

30 CRAIGWEIL LANE: Plot and Title Map

30 CRAIGWEIL LANE sits on a plot of roughly 0.135 of an acre, or 548m². The below map shows the location of 30 CRAIGWEIL 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 30 CRAIGWEIL 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 30 CRAIGWEIL LANE?

30 CRAIGWEIL LANE is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 30 on CRAIGWEIL LANE.