32, HOOK LANE, BOGNOR REGIS, PO22 8AX - £360,000

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

32 HOOK LANE is a very small detached house of 81m², built sometime between 1950 and 1966. It was last sold for £360,000 in September 2018, which was around 22% below the average September 2018 detached price in the Arun local authority area. The most recent EPC inspection was March 2013, where the current energy rating was C, and the potential energy rating was B.

32 HOOK LANE Sold Prices

Land registry data shows three sales for 32 HOOK LANE 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. All of the three 32 HOOK 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
2018 13 SEP	£360,000	£462,060	22% below HPI
2011 30 SEP	£187,500	£319,525	41% below HPI
1998 5 JUN	£102,500	£124,107	17% below HPI

32 HOOK 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 three 32 HOOK LANE sales between June 1998 and September 2018 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 2011 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the September 2018 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 32 HOOK LANE?

32 HOOK LANE is 81m² according to the EPC inspection conducted in March 2013. This puts it in the smallest 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 32 HOOK LANE lies on this distribution: 19% of detached houses are smaller than 32 HOOK LANE, and 81% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

32 HOOK LANE: Plot and Title Map

32 HOOK LANE sits on a plot of roughly 0.100 of an acre, or 407m². The below map shows the location of 32 HOOK 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 32 HOOK 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 32 HOOK LANE?

32 HOOK LANE is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 32 on HOOK LANE.