56, HOOK LANE, ROSE GREEN, BOGNOR REGIS, PO21 3PD - £315,000

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.

56 HOOK LANE is a very small extended semi-detached house of 63m², built sometime before 1900, which could now be worth an estimated £325,787. It was last sold for £315,000 in March 2022, which was around 10% below the average March 2022 semi-detached price in the Arun local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was B.

56 HOOK LANE Sold Prices

Land registry data shows three sales for 56 HOOK LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Arun local authority area for the corresponding sale date. Two of the three 56 HOOK LANE sales were for below the average price, whilst one was 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
2022 21 MAR	£315,000	£350,000	10% below HPI
2011 19 AUG	£214,950	£206,803	4% above HPI
2005 12 SEP	£168,900	£191,195	12% below HPI

56 HOOK LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Arun local authority area over time, sourced from the HPI. The three 56 HOOK LANE sales between September 2005 and March 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 August 2011 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the March 2022 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 56 HOOK LANE be worth now?

56 HOOK LANE might now be worth an estimated £325,787.

This is based on house price inflation of 3.4%, between March 2022 and February 2025, for semi-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 3.4% inflationary increase is applied to the most recent sale price for 56 HOOK LANE of £315,000 on 21st March 2022. For the value to have increased from £315,000 to £325,787 over the three years and one month to February 2025, the following assumptions must hold true:

• The value of 56 HOOK LANE has moved in line with the HPI for semi-detached houses in the Arun local authority area.
• The March 2022 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 56 HOOK LANE has not materially changed since March 2022.

How Large is 56 HOOK LANE?

56 HOOK LANE is 63m², which includes one extension, according to the EPC inspection conducted in January 2022. This puts it in the smallest 10% of semi-detached houses houses in Bognor Regis, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Bognor Regis, and where 56 HOOK LANE lies on this distribution: 4% of semi-detached houses houses are smaller than 56 HOOK LANE, and 96% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

56 HOOK LANE: Plot and Title Map

56 HOOK LANE sits on a plot of roughly 0.030 of an acre, or 121m². The below map shows the location of 56 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 56 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 56 HOOK LANE?

56 HOOK LANE is located in ROSE GREEN, in the PO21 postcode district. The below map shows the position of No. 56 on HOOK LANE.