9, DRYGROUNDS LANE, BOGNOR REGIS, PO22 8PS - £425,000

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

9 DRYGROUNDS LANE is a small extended detached house of 96m², built sometime between 1967 and 1975. It was last sold for £425,000 in October 2018, which was around 8% below the average October 2018 detached price in the Arun local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was B.

9 DRYGROUNDS LANE Sold Prices

Land registry data shows three sales for 9 DRYGROUNDS LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Arun local authority area for the corresponding sale date. All of the three 9 DRYGROUNDS 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
2018 26 OCT	£425,000	£464,432	8% below HPI
2017 29 SEP	£310,000	£444,848	30% below HPI
2012 8 AUG	£220,000	£326,481	33% below HPI

9 DRYGROUNDS 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 three 9 DRYGROUNDS LANE sales between August 2012 and October 2018 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 September 2017 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the October 2018 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 9 DRYGROUNDS LANE?

9 DRYGROUNDS LANE is 96m², which includes one extension, according to the EPC inspection conducted in May 2018. 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 9 DRYGROUNDS LANE lies on this distribution: 34% of detached houses are smaller than 9 DRYGROUNDS LANE, and 65% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

9 DRYGROUNDS LANE: Plot and Title Map

9 DRYGROUNDS LANE sits on a plot of roughly 0.136 of an acre, or 550m². The below map shows the location of 9 DRYGROUNDS 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 9 DRYGROUNDS 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 9 DRYGROUNDS LANE?

9 DRYGROUNDS LANE is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 9 on DRYGROUNDS LANE.