10, DRYGROUNDS LANE, BOGNOR REGIS, PO22 8PS - £369,999

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.

10 DRYGROUNDS LANE is a large extended detached house of 148m², built sometime between 1983 and 1990, which could now be worth an estimated £439,085. It was last sold for £369,999 in June 2019, which was around 21% below the average June 2019 detached price in the Arun local authority area. The most recent EPC inspection was January 2018, where the current energy rating was C, and the potential energy rating was B.

10 DRYGROUNDS LANE Sold Prices

Land registry data shows two sales for 10 DRYGROUNDS LANE 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. Both of the two 10 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
2019 28 JUN	£369,999	£469,771	21% below HPI
2003 27 MAR	£195,000	£266,477	27% below HPI

10 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 two 10 DRYGROUNDS LANE sales from March 2003 and June 2019 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 2003 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the June 2019 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 10 DRYGROUNDS LANE be worth now?

10 DRYGROUNDS LANE might now be worth an estimated £439,085.

This is based on house price inflation of 18.7%, between June 2019 and May 2026, for 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 18.7% inflationary increase is applied to the most recent sale price for 10 DRYGROUNDS LANE of £369,999 on 28th June 2019. For the value to have increased from £369,999 to £439,085 over the seven years and one month to May 2026, the following assumptions must hold true:

• The value of 10 DRYGROUNDS LANE has moved in line with the HPI for detached houses in the Arun local authority area.
• The June 2019 sale price of £369,999 represented a fair market value for the property.
• The size, condition, and specification of 10 DRYGROUNDS LANE has not materially changed since June 2019.

How Large is 10 DRYGROUNDS LANE?

10 DRYGROUNDS LANE is 148m², which includes one extension, according to the EPC inspection conducted in January 2018. This puts it in the largest 30% of detached houses houses in Bognor Regis, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bognor Regis, and where 10 DRYGROUNDS LANE lies on this distribution: 75% of detached houses houses are smaller than 10 DRYGROUNDS LANE, and 24% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

10 DRYGROUNDS LANE: Plot and Title Map

10 DRYGROUNDS LANE sits on a plot of roughly 0.141 of an acre, or 571m². The below map shows the location of 10 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 10 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 10 DRYGROUNDS LANE?

10 DRYGROUNDS LANE is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 10 on DRYGROUNDS LANE.