36, CRAIGWEIL LANE, BOGNOR REGIS, PO21 4AN - £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

36 CRAIGWEIL LANE is a large extended detached house of 133m², built sometime between 1950 and 1966. It was last sold for £360,000 in February 2014, which was around 6% above the average February 2014 detached price in the Arun local authority area. The most recent EPC inspection was September 2013, where the current energy rating was E, and the potential energy rating was B.

36 CRAIGWEIL LANE Sold Prices

Land registry data shows three sales for 36 CRAIGWEIL 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 36 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
2014 11 FEB	£360,000	£339,613	6% above HPI
1997 11 JUL	£128,500	£108,784	18% above HPI
1995 17 OCT	£110,000	£95,294	15% above HPI

36 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 three 36 CRAIGWEIL LANE sales between October 1995 and February 2014 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 July 1997 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the February 2014 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 36 CRAIGWEIL LANE?

36 CRAIGWEIL LANE is 133m², which includes one extension, according to the EPC inspection conducted in September 2013. This puts it in the largest 40% 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 36 CRAIGWEIL LANE lies on this distribution: 66% of detached houses are smaller than 36 CRAIGWEIL LANE, and 33% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

36 CRAIGWEIL LANE: Plot and Title Map

36 CRAIGWEIL LANE sits on a plot of roughly 0.144 of an acre, or 583m². The below map shows the location of 36 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 36 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 36 CRAIGWEIL LANE?

36 CRAIGWEIL LANE is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 36 on CRAIGWEIL LANE.