38, THE LAYNE, BOGNOR REGIS, PO22 6JL - £340,000

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

38 THE LAYNE is a very large extended detached house of 166m², built sometime between 1930 and 1949. It was last sold for £340,000 in April 2014, which was around 1% below the average April 2014 detached price in the Arun local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was B.

38 THE LAYNE Sold Prices

Land registry data shows three sales for 38 THE LAYNE 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 38 THE LAYNE 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
2014 17 APR	£340,000	£343,135	1% below HPI
2003 29 AUG	£238,000	£267,434	11% below HPI
2001 20 DEC	£99,999	£203,354	51% below HPI

38 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 three 38 THE LAYNE sales between December 2001 and April 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 August 2003 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the April 2014 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 38 THE LAYNE?

38 THE LAYNE is 166m², which includes two extensions, according to the EPC inspection conducted in March 2023. This puts it in the largest 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 38 THE LAYNE lies on this distribution: 84% of detached houses are smaller than 38 THE LAYNE, and 15% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

38 THE LAYNE: Plot and Title Map

38 THE LAYNE sits on a plot of roughly 0.094 of an acre, or 381m². The below map shows the location of 38 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 38 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 38 THE LAYNE?

38 THE LAYNE is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 38 on THE LAYNE.