48, FISH LANE, BOGNOR REGIS, PO21 3AH - £565,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

48 FISH LANE is a very large extended detached house of 174m², built sometime between 1967 and 1975, which could now be worth an estimated £690,450. It was last sold for £565,000 in July 2020, which was around 20% above the average July 2020 detached price in the Arun local authority area. The most recent EPC inspection was January 2019, where the current energy rating was F, and the potential energy rating was F.

48 FISH LANE Sold Prices

Land registry data shows two sales for 48 FISH 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 48 FISH 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
2020 17 JUL	£565,000	£470,286	20% above HPI
2002 14 JUN	£460,000	£222,245	107% above HPI

48 FISH 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 48 FISH LANE sales from June 2002 and July 2020 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 2002 sale was for 107% above the HPI. So the extrapolation line tracks at 107% above the HPI over time, until the July 2020 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 48 FISH LANE be worth now?

48 FISH LANE might now be worth an estimated £690,450.

This is based on house price inflation of 22.2%, between July 2020 and February 2025, for detached houses, in the Arun local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 22.2% inflationary increase is applied to the most recent sale price for 48 FISH LANE of £565,000 on 17th July 2020. For the value to have increased from £565,000 to £690,450 over the five years and five months to February 2025, the following assumptions must hold true:

• The value of 48 FISH LANE has moved in line with the HPI for detached houses in the Arun local authority area.
• The July 2020 sale price of £565,000 represented a fair market value for the property.
• The size, condition, and specification of 48 FISH LANE has not materially changed since July 2020.

How Large is 48 FISH LANE?

48 FISH LANE is 174m², which includes three extensions, according to the EPC inspection conducted in January 2019. This puts it in the largest 20% of detached houses houses in Bognor Regis, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bognor Regis, and where 48 FISH LANE lies on this distribution: 87% of detached houses houses are smaller than 48 FISH LANE, and 13% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

48 FISH LANE: Plot and Title Map

48 FISH LANE sits on a plot of roughly 0.414 of an acre, or 1,674m². The below map shows the location of 48 FISH 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 48 FISH 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 48 FISH LANE?

48 FISH LANE is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 48 on FISH LANE.