STREATLEY, LAKE LANE, BARNHAM, BOGNOR REGIS, PO22 0AD - £507,000

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

STREATLEY is a very large extended detached house of 167m², built sometime between 1950 and 1966. It was last sold for £507,000 in September 2018, which was around 10% above the average September 2018 detached price in the Arun local authority area. The most recent EPC inspection was April 2017, where the current energy rating was C, and the potential energy rating was B.

STREATLEY Sold Prices

Land registry data shows two sales for STREATLEY since 1^st 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. One of the two STREATLEY sales was for above the average price, whilst the other was 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 13 SEP	£507,000	£462,060	10% above HPI
2006 10 MAY	£285,000	£287,119	1% below HPI

STREATLEY 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 STREATLEY sales from May 2006 and September 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 May 2006 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the September 2018 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is STREATLEY?

STREATLEY is 167m², which includes one extension, according to the EPC inspection conducted in April 2017. This puts it in the largest 20% of detached houses in Barnham, based on EPC data. The below chart shows the distribution of detached houses by size in Barnham, and where STREATLEY lies on this distribution: 85% of detached houses are smaller than STREATLEY, and 15% of houses are larger. Note that EPC data is not available for all properties in Barnham.

STREATLEY: Plot and Title Map

STREATLEY sits on a plot of roughly 0.150 of an acre, or 607m². The below map shows the location of STREATLEY, 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 STREATLEY). 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 STREATLEY?

STREATLEY is located on LAKE LANE in BARNHAM, in the PO22 postcode district. The below map shows the position of STREATLEY on LAKE LANE.