71, MEAD LANE, BOGNOR REGIS, PO22 8AP - £415,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

71 MEAD LANE is a very small detached house of 77m², built sometime between 1930 and 1949. It was last sold for £415,000 in November 2022, which was around 28% below the average November 2022 detached price in the Arun local authority area. The most recent EPC inspection was November 2020, where the current energy rating was D, and the potential energy rating was C.

71 MEAD LANE Sold Prices

Land registry data shows two sales for 71 MEAD LANE since 1st 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 71 MEAD LANE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

DatePriceHPI PriceVariation from HPI
2022
15 NOV
£415,000£574,911
down arrow
28% below HPI
1997
30 JUL
£75,500£108,784
down arrow
31% below HPI

71 MEAD 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 71 MEAD LANE sales from July 1997 and November 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 July 1997 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the November 2022 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

71, MEAD LANE, BOGNOR REGIS, PO22 8AP: Price paid vs HM Land Registry's House Price Index

How Large is 71 MEAD LANE?

71 MEAD LANE is 77m² according to the EPC inspection conducted in November 2020. This puts it in the smallest 20% 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 71 MEAD LANE lies on this distribution: 14% of detached houses are smaller than 71 MEAD LANE, and 85% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

71, MEAD LANE, BOGNOR REGIS, PO22 8AP: Size of property relative to detached houses in Bognor Regis

71 MEAD LANE: Plot and Title Map

71 MEAD LANE sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of 71 MEAD 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 71 MEAD 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.

71, MEAD LANE, BOGNOR REGIS, PO22 8AP: Plot and title map

Where is 71 MEAD LANE?

71 MEAD LANE is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 71 on MEAD LANE.

71, MEAD LANE, BOGNOR REGIS, PO22 8AP: Location map and indicative extent of plot

All sales of detached houses on MEAD LANE

71, MEAD LANE, BOGNOR REGIS, PO22 8AP
2022
15 NOV
£415,000
THE FORGE, 79, MEAD LANE, BOGNOR REGIS, PO22 8AP
2022
20 SEP
£360,000
6, MEAD LANE, BOGNOR REGIS, PO22 8AP
2021
9 APR
£230,000
THE FORGE, 79, MEAD LANE, BOGNOR REGIS, PO22 8AP
2008
25 JAN
£247,000
61, MEAD LANE, BOGNOR REGIS, PO22 8AW
2006
18 APR
£182,500
THE FORGE, 79, MEAD LANE, BOGNOR REGIS, PO22 8AP
2004
24 SEP
£224,950
67, MEAD LANE, BOGNOR REGIS, PO22 8AW
2003
30 JAN
£145,000
THE OLD RANGE, 21, MEAD LANE, BOGNOR REGIS, PO22 8AP
1998
12 FEB
£32,000
71, MEAD LANE, BOGNOR REGIS, PO22 8AP
1997
30 JUL
£75,500
Source: HM Land Registry Price Paid Data
Licence: Contains HM Land Registry data © Crown copyright and database right 2024. This data is licensed under the Open Government Licence v3.0.
Source: HM Land Registry UK House Price Index
Licence: Contains HM Land Registry data © Crown copyright and database right 2024. This data is licensed under the Open Government Licence v3.0.
Copyright statement: This information is subject to Crown copyright and database rights 2024 and is reproduced with the permission of HM Land Registry. The polygons (including the associated geometry, namely x, y co-ordinates) are subject to Crown copyright and database rights 2024 Ordnance Survey 100026316. Conditions of use.