41, SEA LANE, PAGHAM, BOGNOR REGIS, PO21 4UW - £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

41 SEA LANE is a large extended detached house of 121m², built sometime between 1930 and 1949. It was last sold for £340,000 in July 2015, which was around 12% below the average July 2015 detached price in the Arun local authority area. The most recent EPC inspection was November 2013, where the current energy rating was E, and the potential energy rating was C.

41 SEA LANE Sold Prices

Land registry data shows two sales for 41 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. One of the two 41 SEA LANE sales was for below the average price, whilst the other 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
2015 10 JUL	£340,000	£388,324	12% below HPI
1997 30 JUN	£112,000	£106,826	5% above HPI

41 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 41 SEA LANE sales from June 1997 and July 2015 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 June 1997 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the July 2015 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 41 SEA LANE?

41 SEA LANE is 121m², which includes one extension, according to the EPC inspection conducted in November 2013. 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 41 SEA LANE lies on this distribution: 70% of detached houses are smaller than 41 SEA LANE, and 30% of houses are larger. Note that EPC data is not available for all properties in Pagham.

41 SEA LANE: Plot and Title Map

41 SEA LANE sits on a plot of roughly 0.187 of an acre, or 758m². The below map shows the location of 41 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 41 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 41 SEA LANE?

41 SEA LANE is located in PAGHAM, in the PO21 postcode district. The below map shows the position of No. 41 on SEA LANE.