34, CHALCRAFT LANE, BOGNOR REGIS, PO21 5TX - £260,000

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

34 CHALCRAFT LANE is a very small detached house of 74m², built sometime between 1930 and 1949. It was last sold for £260,000 in February 2016, which was around 36% below the average February 2016 detached price in the Arun local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.

34 CHALCRAFT LANE Sold Prices

Land registry data shows two sales for 34 CHALCRAFT 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 34 CHALCRAFT 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
2016 2 FEB	£260,000	£406,581	36% below HPI
1999 4 JUN	£80,000	£132,420	40% below HPI

34 CHALCRAFT 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 34 CHALCRAFT LANE sales from June 1999 and February 2016 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 June 1999 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the February 2016 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 34 CHALCRAFT LANE?

34 CHALCRAFT LANE is 74m² according to the EPC inspection conducted in June 2015. 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 34 CHALCRAFT LANE lies on this distribution: 11% of detached houses are smaller than 34 CHALCRAFT LANE, and 88% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

34 CHALCRAFT LANE: Plot and Title Map

34 CHALCRAFT LANE sits on a plot of roughly 0.159 of an acre, or 645m². The below map shows the location of 34 CHALCRAFT 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 34 CHALCRAFT 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 34 CHALCRAFT LANE?

34 CHALCRAFT LANE is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 34 on CHALCRAFT LANE.