59, CRAIGWEIL LANE, BOGNOR REGIS, PO21 4XN - £465,000

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

59 CRAIGWEIL LANE is a large extended detached house of 149m², built sometime between 1967 and 1975. It was last sold for £465,000 in March 2016, which was around 13% above the average March 2016 detached price in the Arun local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was B.

59 CRAIGWEIL LANE Sold Prices

Land registry data shows two sales for 59 CRAIGWEIL 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 59 CRAIGWEIL LANE sales were 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
2016 18 MAR	£465,000	£410,492	13% above HPI
2003 21 NOV	£305,000	£266,342	15% above HPI

59 CRAIGWEIL 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 59 CRAIGWEIL LANE sales from November 2003 and March 2016 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 November 2003 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the March 2016 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 59 CRAIGWEIL LANE?

59 CRAIGWEIL LANE is 149m², which includes one extension, according to the EPC inspection conducted in April 2023. 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 59 CRAIGWEIL LANE lies on this distribution: 77% of detached houses are smaller than 59 CRAIGWEIL LANE, and 23% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

59 CRAIGWEIL LANE: Plot and Title Map

59 CRAIGWEIL LANE sits on a plot of roughly 0.116 of an acre, or 471m². The below map shows the location of 59 CRAIGWEIL 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 59 CRAIGWEIL 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 59 CRAIGWEIL LANE?

59 CRAIGWEIL LANE is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 59 on CRAIGWEIL LANE.