37, THE LAYNE, BOGNOR REGIS, PO22 6JL - £550,000

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

37 THE LAYNE is a midsized extended detached house of 106m², built sometime between 1930 and 1949. It was last sold for £550,000 in July 2022, which was about the average July 2022 detached price in the Arun local authority area. The most recent EPC inspection was October 2013, where the current energy rating was E, and the potential energy rating was C.

37 THE LAYNE Sold Prices

Land registry data shows four sales for 37 THE LAYNE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Arun local authority area for the corresponding sale date. The four 37 THE LAYNE sales were a mix of roughly equal to the average price, and 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
2022 20 JUL	£550,000	£552,284	Close to HPI
2016 22 JUN	£355,000	£406,708	13% below HPI
2014 24 JUN	£325,000	£350,047	7% below HPI
1998 28 AUG	£109,950	£127,949	14% below HPI

37 THE LAYNE 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 four 37 THE LAYNE sales between August 1998 and July 2022 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 2016 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the July 2022 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 37 THE LAYNE?

37 THE LAYNE is 106m², which includes one extension, according to the EPC inspection conducted in October 2013. This puts it in the smallest 50% 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 37 THE LAYNE lies on this distribution: 44% of detached houses are smaller than 37 THE LAYNE, and 55% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

37 THE LAYNE: Plot and Title Map

37 THE LAYNE sits on a plot of roughly 0.128 of an acre, or 518m². The below map shows the location of 37 THE LAYNE, 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 37 THE LAYNE). 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 37 THE LAYNE?

37 THE LAYNE is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 37 on THE LAYNE.