58, CHALCRAFT LANE, BOGNOR REGIS, PO21 5TU - £215,000

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.

58 CHALCRAFT LANE is a very small extended semi-detached house of 74m², built sometime between 1930 and 1949, which could now be worth an estimated £312,835. It was last sold for £215,000 in April 2015, which was around 14% below the average April 2015 semi-detached price in the Arun local authority area. The most recent EPC inspection was September 2012, where the current energy rating was D, and the potential energy rating was B.

58 CHALCRAFT LANE Sold Prices

Land registry data shows two sales for 58 CHALCRAFT LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Arun local authority area for the corresponding sale date. Both of the two 58 CHALCRAFT 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
2015 30 APR	£215,000	£248,779	14% below HPI
2008 4 APR	£215,000	£225,495	5% below HPI

58 CHALCRAFT 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 two 58 CHALCRAFT LANE sales from April 2008 and April 2015 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 April 2008 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the April 2015 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 58 CHALCRAFT LANE be worth now?

58 CHALCRAFT LANE might now be worth an estimated £312,835.

This is based on house price inflation of 45.5%, between April 2015 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 45.5% inflationary increase is applied to the most recent sale price for 58 CHALCRAFT LANE of £215,000 on 30th April 2015. For the value to have increased from £215,000 to £312,835 over the ten years and two months to February 2025, the following assumptions must hold true:

• The value of 58 CHALCRAFT LANE has moved in line with the HPI for semi-detached houses in the Arun local authority area.
• The April 2015 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 58 CHALCRAFT LANE has not materially changed since April 2015.

How Large is 58 CHALCRAFT LANE?

58 CHALCRAFT LANE is 74m², which includes one extension, according to the EPC inspection conducted in September 2012. This puts it in the smallest 20% 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 58 CHALCRAFT LANE lies on this distribution: 11% of semi-detached houses houses are smaller than 58 CHALCRAFT LANE, and 88% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

58 CHALCRAFT LANE: Plot and Title Map

58 CHALCRAFT LANE sits on a plot of roughly 0.109 of an acre, or 443m². The below map shows the location of 58 CHALCRAFT 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 58 CHALCRAFT 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 58 CHALCRAFT LANE?

58 CHALCRAFT LANE is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 58 on CHALCRAFT LANE.