38, LAGOON ROAD, BOGNOR REGIS, PO21 4TJ - £520,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

38 LAGOON ROAD is a midsized detached house of 99m², built sometime between 1930 and 1949, which could now be worth an estimated £539,378. It was last sold for £520,000 in August 2024, which was around 6% below the average August 2024 detached price in the Arun local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was C.

38 LAGOON ROAD Sold Prices

Land registry data shows three sales for 38 LAGOON ROAD 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. Two of the three 38 LAGOON ROAD sales were for below the average price, whilst one was 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
2024 2 AUG	£520,000	£554,059	6% below HPI
2011 4 MAR	£338,500	£316,334	7% above HPI
1998 7 AUG	£53,000	£132,738	60% below HPI

38 LAGOON ROAD 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 38 LAGOON ROAD sales between August 1998 and August 2024 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 March 2011 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the August 2024 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 38 LAGOON ROAD be worth now?

38 LAGOON ROAD might now be worth an estimated £539,378.

This is based on house price inflation of 3.7%, between August 2024 and February 2025, for detached houses, in the Arun local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.7% inflationary increase is applied to the most recent sale price for 38 LAGOON ROAD of £520,000 on 2nd August 2024. For the value to have increased from £520,000 to £539,378 over the one year and six months to February 2025, the following assumptions must hold true:

• The value of 38 LAGOON ROAD has moved in line with the HPI for detached houses in the Arun local authority area.
• The August 2024 sale price of £520,000 represented a fair market value for the property.
• The size, condition, and specification of 38 LAGOON ROAD has not materially changed since August 2024.

How Large is 38 LAGOON ROAD?

38 LAGOON ROAD is 99m² according to the EPC inspection conducted in June 2023. This puts it in the largest 50% of detached houses houses in Pagham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Pagham, and where 38 LAGOON ROAD lies on this distribution: 51% of detached houses houses are smaller than 38 LAGOON ROAD, and 48% of houses are larger. Note that EPC data is not available for all properties in Pagham.

38 LAGOON ROAD: Plot and Title Map

38 LAGOON ROAD sits on a plot of roughly 0.166 of an acre, or 670m². The below map shows the location of 38 LAGOON ROAD, 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 38 LAGOON ROAD). 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 38 LAGOON ROAD?

38 LAGOON ROAD is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 38 on LAGOON ROAD.