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
55 LANE END ROAD is a very small detached house of 76m², built sometime between 1950 and 1966. It was last sold for £247,500 in July 2014, which was around 31% below the average July 2014 detached price in the Arun local authority area. The most recent EPC inspection was January 2015, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows three sales for 55 LANE END ROAD since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Arun local authority area for the corresponding sale date. All of the three 55 LANE END ROAD 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 |
---|---|---|---|
2014 18 JUL | £247,500 | £356,606 | 31% below HPI |
2002 10 JUN | £165,000 | £214,227 | 23% below HPI |
1999 3 NOV | £125,000 | £147,783 | 15% below HPI |
The below graph shows the average detached house price in the Arun local authority area over time, sourced from the HPI. The three 55 LANE END ROAD sales between November 1999 and July 2014 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 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the July 2014 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.
55 LANE END ROAD is 76m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 20% 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 55 LANE END ROAD lies on this distribution: 13% of detached houses are smaller than 55 LANE END ROAD, and 86% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.
55 LANE END ROAD sits on a plot of roughly 0.104 of an acre, or 422m². The below map shows the location of 55 LANE END 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 55 LANE END 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.
55 LANE END ROAD is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 55 on LANE END ROAD.