51, HOOK LANE, BOGNOR REGIS, PO22 8AR - £425,000

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

51 HOOK LANE is a large detached house of 139m², built sometime between 2003 and 2006. It was last sold for £425,000 in January 2023, which was around 25% below the average January 2023 detached price in the Arun local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was B.

51 HOOK LANE Sold Prices

Land registry data shows two sales for 51 HOOK 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 51 HOOK 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
2023 9 JAN	£425,000	£568,771	25% below HPI
2006 15 JUN	£289,995	£292,463	1% below HPI

51 HOOK 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 51 HOOK LANE sales from June 2006 and January 2023 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 2006 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the January 2023 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 51 HOOK LANE?

51 HOOK LANE is 139m² according to the EPC inspection conducted in January 2022. 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 51 HOOK LANE lies on this distribution: 70% of detached houses are smaller than 51 HOOK LANE, and 29% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

51 HOOK LANE: Plot and Title Map

51 HOOK LANE sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 51 HOOK 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 HOOK 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 51 HOOK LANE?

51 HOOK LANE is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 51 on HOOK LANE.