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
47 LEY ROAD is a midsized detached house of 112m², built sometime between 1950 and 1966. It was last sold for £499,950 in November 2017, which was around 11% above the average November 2017 detached price in the Arun local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 47 LEY ROAD since 1st 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 47 LEY ROAD sales was for above the average price, whilst the other was 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 2 NOV | £499,950 | £448,842 | 11% above HPI |
2016 21 JUN | £317,500 | £406,708 | 22% below HPI |
The below graph shows the average detached house price in the Arun local authority area over time, sourced from the HPI. The two 47 LEY ROAD sales from June 2016 and November 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 June 2016 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the November 2017 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.
47 LEY ROAD is 112m² according to the EPC inspection conducted in July 2017. This puts it in the largest 50% 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 47 LEY ROAD lies on this distribution: 50% of detached houses are smaller than 47 LEY ROAD, and 49% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.
47 LEY ROAD sits on a plot of roughly 0.142 of an acre, or 576m². The below map shows the location of 47 LEY ROAD, 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 47 LEY ROAD). 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.
47 LEY ROAD is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 47 on LEY ROAD.