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
42 THE LAYNE is a large extended detached house of 152m², built sometime between 1930 and 1949. It was last sold for £489,950 in June 2021, which was around 2% below the average June 2021 detached price in the Arun local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 42 THE LAYNE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Arun local authority area for the corresponding sale date. All of the four 42 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 |
---|---|---|---|
2021 29 JUN | £489,950 | £497,497 | 2% below HPI |
2012 10 FEB | £240,000 | £318,398 | 25% below HPI |
2006 15 FEB | £239,950 | £289,320 | 17% below HPI |
2003 21 NOV | £220,000 | £266,342 | 17% below HPI |
The below graph shows the average detached house price in the Arun local authority area over time, sourced from the HPI. The four 42 THE LAYNE sales between November 2003 and June 2021 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 February 2012 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the June 2021 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.
42 THE LAYNE is 152m², which includes three extensions, according to the EPC inspection conducted in April 2019. This puts it in the largest 30% 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 42 THE LAYNE lies on this distribution: 79% of detached houses are smaller than 42 THE LAYNE, and 21% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.
42 THE LAYNE sits on a plot of roughly 0.088 of an acre, or 358m². The below map shows the location of 42 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 42 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.
42 THE LAYNE is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 42 on THE LAYNE.