7, LANE END ROAD, BOGNOR REGIS, PO22 6LL - £472,000

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

7 LANE END ROAD is a small extended detached house of 97m², built sometime between 1950 and 1966. It was last sold for £472,000 in May 2023, which was around 15% below the average May 2023 detached price in the Arun local authority area. The most recent EPC inspection was January 2023, where the current energy rating was E, and the potential energy rating was C.

7 LANE END ROAD Sold Prices

Land registry data shows four sales for 7 LANE END ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Arun local authority area for the corresponding sale date. All of the four 7 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
2023 22 MAY	£472,000	£554,991	15% below HPI
2012 2 NOV	£250,000	£333,826	25% below HPI
2005 21 JUN	£199,000	£282,191	29% below HPI
1995 10 NOV	£76,500	£93,802	18% below HPI

7 LANE END ROAD 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 four 7 LANE END ROAD sales between November 1995 and May 2023 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 2012 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the May 2023 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 7 LANE END ROAD?

7 LANE END ROAD is 97m², which includes one extension, according to the EPC inspection conducted in January 2023. This puts it in the smallest 40% 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 7 LANE END ROAD lies on this distribution: 35% of detached houses are smaller than 7 LANE END ROAD, and 64% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

7 LANE END ROAD: Plot and Title Map

7 LANE END ROAD sits on a plot of roughly 0.138 of an acre, or 558m². The below map shows the location of 7 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 7 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.

Where is 7 LANE END ROAD?

7 LANE END ROAD is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 7 on LANE END ROAD.