67, GRAVITS LANE, BOGNOR REGIS, PO21 5LW - £337,000

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

67 GRAVITS LANE is a midsized extended detached house of 113m², built sometime between 1930 and 1949. It was last sold for £337,000 in October 2020, which was around 29% below the average October 2020 detached price in the Arun local authority area. The most recent EPC inspection was December 2019, where the current energy rating was D, and the potential energy rating was C.

67 GRAVITS LANE Sold Prices

Land registry data shows three sales for 67 GRAVITS LANE since 1^st 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 67 GRAVITS 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
2020 16 OCT	£337,000	£474,576	29% below HPI
2005 9 SEP	£177,500	£287,062	38% below HPI
2001 20 JUL	£117,000	£189,973	38% below HPI

67 GRAVITS 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 three 67 GRAVITS LANE sales between July 2001 and October 2020 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 September 2005 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the October 2020 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 67 GRAVITS LANE?

67 GRAVITS LANE is 113m², which includes one extension, according to the EPC inspection conducted in December 2019. This puts it in the largest 50% 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 67 GRAVITS LANE lies on this distribution: 51% of detached houses are smaller than 67 GRAVITS LANE, and 48% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

67 GRAVITS LANE: Plot and Title Map

67 GRAVITS LANE sits on a plot of roughly 0.092 of an acre, or 373m². The below map shows the location of 67 GRAVITS 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 67 GRAVITS 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 67 GRAVITS LANE?

67 GRAVITS LANE is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 67 on GRAVITS LANE.