38, SEA LANE, PAGHAM, BOGNOR REGIS, PO21 4UJ - £309,950

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

38 SEA LANE is a large extended detached house of 124m², built sometime between 1950 and 1966. It was last sold for £309,950 in September 2007, which was around 9% below the average September 2007 detached price in the Arun local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was C.

38 SEA LANE Sold Prices

Land registry data shows two sales for 38 SEA 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 38 SEA 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
2007 24 SEP	£309,950	£339,287	9% below HPI
1997 21 AUG	£92,000	£112,825	18% below HPI

38 SEA 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 38 SEA LANE sales from August 1997 and September 2007 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 August 1997 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the September 2007 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 38 SEA LANE?

38 SEA LANE is 124m², which includes two extensions, according to the EPC inspection conducted in July 2012. This puts it in the largest 30% of detached houses in Pagham, based on EPC data. The below chart shows the distribution of detached houses by size in Pagham, and where 38 SEA LANE lies on this distribution: 72% of detached houses are smaller than 38 SEA LANE, and 28% of houses are larger. Note that EPC data is not available for all properties in Pagham.

38 SEA LANE: Plot and Title Map

38 SEA LANE sits on a plot of roughly 0.200 of an acre, or 808m². The below map shows the location of 38 SEA 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 38 SEA 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 38 SEA LANE?

38 SEA LANE is located in PAGHAM, in the PO21 postcode district. The below map shows the position of No. 38 on SEA LANE.