81, GRAVITS LANE, BOGNOR REGIS, PO21 5LN - £276,000

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.

81 GRAVITS LANE is a very small semi-detached house of 75m², built sometime between 1950 and 1966, which could now be worth an estimated £306,057. It was last sold for £276,000 in September 2021, which was around 15% below the average September 2021 semi-detached price in the Arun local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was B.

81 GRAVITS LANE Sold Prices

Land registry data shows five sales for 81 GRAVITS LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Arun local authority area for the corresponding sale date. All of the five 81 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
2021 29 SEP	£276,000	£326,436	15% below HPI
2016 24 MAR	£237,000	£266,401	11% below HPI
2012 30 JAN	£172,500	£205,091	16% below HPI
2004 18 JUN	£141,000	£183,660	23% below HPI
2003 20 FEB	£133,500	£161,631	17% below HPI

81 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 five 81 GRAVITS LANE sales between February 2003 and September 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 March 2016 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the September 2021 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 81 GRAVITS LANE be worth now?

81 GRAVITS LANE might now be worth an estimated £306,057.

This is based on house price inflation of 10.9%, between September 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 10.9% inflationary increase is applied to the most recent sale price for 81 GRAVITS LANE of £276,000 on 29th September 2021. For the value to have increased from £276,000 to £306,057 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 81 GRAVITS LANE has moved in line with the HPI for semi-detached houses in the Arun local authority area.
• The September 2021 sale price of £276,000 represented a fair market value for the property.
• The size, condition, and specification of 81 GRAVITS LANE has not materially changed since September 2021.

How Large is 81 GRAVITS LANE?

81 GRAVITS LANE is 75m² according to the EPC inspection conducted in July 2013. 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 81 GRAVITS LANE lies on this distribution: 12% of semi-detached houses houses are smaller than 81 GRAVITS LANE, and 87% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

81 GRAVITS LANE: Plot and Title Map

81 GRAVITS LANE sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 81 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 81 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 81 GRAVITS LANE?

81 GRAVITS LANE is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 81 on GRAVITS LANE.