31, ASHMERE LANE, BOGNOR REGIS, PO22 7QU - £323,000

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

31 ASHMERE LANE is a very small detached house of 68m², built sometime between 1950 and 1966. It was last sold for £323,000 in June 2020, which was around 30% below the average June 2020 detached price in the Arun local authority area. The most recent EPC inspection was November 2019, where the current energy rating was E, and the potential energy rating was D.

31 ASHMERE LANE Sold Prices

Land registry data shows two sales for 31 ASHMERE 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 31 ASHMERE 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
2020 12 JUN	£323,000	£459,581	30% below HPI
1999 29 APR	£97,000	£129,587	25% below HPI

31 ASHMERE 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 31 ASHMERE LANE sales from April 1999 and June 2020 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 1999 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the June 2020 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 31 ASHMERE LANE?

31 ASHMERE LANE is 68m² according to the EPC inspection conducted in November 2019. 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 31 ASHMERE LANE lies on this distribution: 7% of detached houses are smaller than 31 ASHMERE LANE, and 93% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

31 ASHMERE LANE: Plot and Title Map

31 ASHMERE LANE sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of 31 ASHMERE 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 31 ASHMERE 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 31 ASHMERE LANE?

31 ASHMERE LANE is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 31 on ASHMERE LANE.