88A, NYEWOOD LANE, BOGNOR REGIS, PO21 2TT - £260,000

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

88A NYEWOOD LANE is a very small detached house of 77m², built sometime between 2003 and 2006. It was last sold for £260,000 in October 2020, which was around 45% 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 C, and the potential energy rating was B.

88A NYEWOOD LANE Sold Prices

Land registry data shows four sales for 88A NYEWOOD LANE 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 88A NYEWOOD 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	£260,000	£474,576	45% below HPI
2004 3 NOV	£185,000	£288,556	36% below HPI
2001 29 OCT	£125,000	£199,099	37% below HPI
2000 28 JAN	£91,000	£152,246	40% below HPI

88A NYEWOOD 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 four 88A NYEWOOD LANE sales between January 2000 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 November 2004 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the October 2020 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 88A NYEWOOD LANE?

88A NYEWOOD LANE is 77m² according to the EPC inspection conducted in December 2019. 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 88A NYEWOOD LANE lies on this distribution: 14% of detached houses are smaller than 88A NYEWOOD LANE, and 85% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

88A NYEWOOD LANE: Plot and Title Map

88A NYEWOOD LANE sits on a plot of roughly 0.062 of an acre, or 252m². The below map shows the location of 88A NYEWOOD 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 88A NYEWOOD 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 88A NYEWOOD LANE?

88A NYEWOOD LANE is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 88A on NYEWOOD LANE.