28, HOOK LANE, BOGNOR REGIS, PO22 8AY - £185,000

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.

28 HOOK LANE is a very small semi-detached house of 71m², built sometime between 1967 and 1975, which could now be worth an estimated £330,616. It was last sold for £185,000 in June 2006, which was around 6% below the average June 2006 semi-detached price in the Arun local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, and the potential energy rating was C.

28 HOOK LANE Sold Prices

Land registry data shows three sales for 28 HOOK LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Arun local authority area for the corresponding sale date. All of the three 28 HOOK 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
2006 15 JUN	£185,000	£197,060	6% below HPI
2004 13 OCT	£180,000	£192,538	7% below HPI
1997 2 JAN	£56,500	£65,093	13% below HPI

28 HOOK 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 three 28 HOOK LANE sales between January 1997 and June 2006 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 October 2004 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the June 2006 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 28 HOOK LANE be worth now?

28 HOOK LANE might now be worth an estimated £330,616.

This is based on house price inflation of 78.7%, between June 2006 and June 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 78.7% inflationary increase is applied to the most recent sale price for 28 HOOK LANE of £185,000 on 15th June 2006. For the value to have increased from £185,000 to £330,616 over the nineteen years to June 2025, the following assumptions must hold true:

• The value of 28 HOOK LANE has moved in line with the HPI for semi-detached houses in the Arun local authority area.
• The June 2006 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 28 HOOK LANE has not materially changed since June 2006.

How Large is 28 HOOK LANE?

28 HOOK LANE is 71m² according to the EPC inspection conducted in August 2011. This puts it in the smallest 10% 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 28 HOOK LANE lies on this distribution: 9% of semi-detached houses houses are smaller than 28 HOOK LANE, and 91% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

28 HOOK LANE: Plot and Title Map

28 HOOK LANE sits on a plot of roughly 0.050 of an acre, or 204m². The below map shows the location of 28 HOOK 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 28 HOOK 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 28 HOOK LANE?

28 HOOK LANE is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 28 on HOOK LANE.