Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
51 HEWARTS LANE is a large extended detached house of 131m², built sometime between 1930 and 1949. It was last sold for £575,000 in December 2022, which was around 1% above the average December 2022 detached price in the Arun local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows six sales for 51 HEWARTS LANE since 1st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Arun local authority area for the corresponding sale date. Most of the six 51 HEWARTS 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 |
---|---|---|---|
2022 12 DEC | £575,000 | £569,985 | 1% above HPI |
2021 29 JUN | £480,000 | £497,497 | 4% below HPI |
2012 21 NOV | £342,000 | £333,826 | 2% above HPI |
2002 25 OCT | £162,500 | £238,808 | 32% below HPI |
1999 16 SEP | £95,000 | £142,987 | 34% below HPI |
1997 27 JUN | £75,500 | £106,826 | 29% below HPI |
The below graph shows the average detached house price in the Arun local authority area over time, sourced from the HPI. The six 51 HEWARTS LANE sales between June 1997 and December 2022 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 2021 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the December 2022 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.
51 HEWARTS LANE is 131m², which includes two extensions, according to the EPC inspection conducted in September 2022. This puts it in the largest 40% 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 51 HEWARTS LANE lies on this distribution: 65% of detached houses are smaller than 51 HEWARTS LANE, and 34% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.
51 HEWARTS LANE sits on a plot of roughly 0.137 of an acre, or 555m². The below map shows the location of 51 HEWARTS 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 51 HEWARTS 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.
51 HEWARTS LANE is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 51 on HEWARTS LANE.