77, GRAVITS LANE, BOGNOR REGIS, PO21 5LN - £323,500

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.

77 GRAVITS LANE is a very small semi-detached house of 81m², built sometime between 1900 and 1929, which could now be worth an estimated £360,455. It was last sold for £323,500 in June 2021, which was about the average June 2021 semi-detached price in the Arun local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.

77 GRAVITS LANE Sold Prices

Land registry data shows four sales for 77 GRAVITS LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Arun local authority area for the corresponding sale date. The four 77 GRAVITS LANE sales were a mix of roughly equal to the average price, and 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
2021 3 JUN	£323,500	£324,873	Close to HPI
2017 16 OCT	£280,000	£289,699	3% below HPI
2014 21 NOV	£235,000	£245,155	4% below HPI
2005 15 MAR	£160,000	£190,784	16% below HPI

77 GRAVITS 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 four 77 GRAVITS LANE sales between March 2005 and June 2021 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 October 2017 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the June 2021 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 77 GRAVITS LANE be worth now?

77 GRAVITS LANE might now be worth an estimated £360,455.

This is based on house price inflation of 11.4%, between June 2021 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 11.4% inflationary increase is applied to the most recent sale price for 77 GRAVITS LANE of £323,500 on 3rd June 2021. For the value to have increased from £323,500 to £360,455 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 77 GRAVITS LANE has moved in line with the HPI for semi-detached houses in the Arun local authority area.
• The June 2021 sale price of £323,500 represented a fair market value for the property.
• The size, condition, and specification of 77 GRAVITS LANE has not materially changed since June 2021.

How Large is 77 GRAVITS LANE?

77 GRAVITS LANE is 81m² according to the EPC inspection conducted in September 2014. 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 77 GRAVITS LANE lies on this distribution: 19% of semi-detached houses houses are smaller than 77 GRAVITS LANE, and 81% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

77 GRAVITS LANE: Plot and Title Map

77 GRAVITS LANE sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of 77 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 77 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 77 GRAVITS LANE?

77 GRAVITS LANE is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 77 on GRAVITS LANE.