5, DRYGROUNDS LANE, BOGNOR REGIS, PO22 8PS - £280,000

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

5 DRYGROUNDS LANE is a midsized extended detached house of 107m², built sometime between 1950 and 1966. It was last sold for £280,000 in March 2016, which was around 32% below the average March 2016 detached price in the Arun local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.

5 DRYGROUNDS LANE Sold Prices

Land registry data shows two sales for 5 DRYGROUNDS 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 5 DRYGROUNDS LANE 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
2016 9 MAR	£280,000	£410,492	32% below HPI
2007 19 SEP	£290,000	£339,287	15% below HPI

5 DRYGROUNDS 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 5 DRYGROUNDS LANE sales from September 2007 and March 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 September 2007 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the March 2016 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 5 DRYGROUNDS LANE?

5 DRYGROUNDS LANE is 107m², which includes one extension, according to the EPC inspection conducted in October 2015. This puts it in the smallest 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 5 DRYGROUNDS LANE lies on this distribution: 45% of detached houses are smaller than 5 DRYGROUNDS LANE, and 54% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

5 DRYGROUNDS LANE: Plot and Title Map

5 DRYGROUNDS LANE sits on a plot of roughly 0.125 of an acre, or 505m². The below map shows the location of 5 DRYGROUNDS 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 5 DRYGROUNDS 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 5 DRYGROUNDS LANE?

5 DRYGROUNDS LANE is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 5 on DRYGROUNDS LANE.