38A, HOOK LANE, ROSE GREEN, BOGNOR REGIS, PO21 3PB - £290,000

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

38A HOOK LANE is a very small detached house of 60m², built sometime between 1950 and 1966. It was last sold for £290,000 in July 2017, which was around 33% below the average July 2017 detached price in the Arun local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.

38A HOOK LANE Sold Prices

Land registry data shows two sales for 38A HOOK 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 38A HOOK 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
2017 3 JUL	£290,000	£434,050	33% below HPI
1997 8 DEC	£108,000	£117,475	8% below HPI

38A HOOK 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 38A HOOK LANE sales from December 1997 and July 2017 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 December 1997 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the July 2017 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 38A HOOK LANE?

38A HOOK LANE is 60m² according to the EPC inspection conducted in October 2015. This puts it in the smallest 10% 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 38A HOOK LANE lies on this distribution: 3% of detached houses are smaller than 38A HOOK LANE, and 97% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

38A HOOK LANE: Plot and Title Map

38A HOOK LANE sits on a plot of roughly 0.099 of an acre, or 402m². The below map shows the location of 38A HOOK 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 38A HOOK 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 38A HOOK LANE?

38A HOOK LANE is located in ROSE GREEN, in the PO21 postcode district. The below map shows the position of No. 38A on HOOK LANE.