4, SUMMERLEY LANE, BOGNOR REGIS, PO22 7HN - £412,500

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

4 SUMMERLEY LANE is a very large extended detached house of 160m², built sometime between 1950 and 1966. It was last sold for £412,500 in May 2016, which was around 1% above the average May 2016 detached price in the Arun local authority area. The most recent EPC inspection was April 2020, where the current energy rating was C, and the potential energy rating was B.

4 SUMMERLEY LANE Sold Prices

Land registry data shows two sales for 4 SUMMERLEY 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 4 SUMMERLEY LANE sales were 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
2016 25 MAY	£412,500	£409,936	1% above HPI
2001 6 APR	£195,000	£180,223	8% above HPI

4 SUMMERLEY 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 4 SUMMERLEY LANE sales from April 2001 and May 2016 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 April 2001 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the May 2016 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 4 SUMMERLEY LANE?

4 SUMMERLEY LANE is 160m², which includes one extension, according to the EPC inspection conducted in April 2020. 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 4 SUMMERLEY LANE lies on this distribution: 82% of detached houses are smaller than 4 SUMMERLEY LANE, and 18% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

4 SUMMERLEY LANE: Plot and Title Map

4 SUMMERLEY LANE sits on a plot of roughly 0.114 of an acre, or 463m². The below map shows the location of 4 SUMMERLEY 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 4 SUMMERLEY 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 4 SUMMERLEY LANE?

4 SUMMERLEY LANE is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 4 on SUMMERLEY LANE.