37, MEAD LANE, BOGNOR REGIS, PO22 8AW - £260,000

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.

37 MEAD LANE is a very small extended terraced house of 80m², built sometime between 1900 and 1929, which could now be worth an estimated £243,725. It was last sold for £260,000 in October 2022, which was around 11% below the average October 2022 terraced price in the Arun local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was B.

37 MEAD LANE Sold Prices

Land registry data shows two sales for 37 MEAD LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Arun local authority area for the corresponding sale date. Both of the two 37 MEAD 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
2022 14 OCT	£260,000	£291,591	11% below HPI
2005 12 MAY	£120,000	£147,449	19% below HPI

37 MEAD LANE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Arun local authority area over time, sourced from the HPI. The two 37 MEAD LANE sales from May 2005 and October 2022 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 2005 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the October 2022 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 37 MEAD LANE be worth now?

37 MEAD LANE might now be worth an estimated £243,725.

This is based on house price deflation of 6.3%, between October 2022 and June 2025, for terraced 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 6.3% deflationary decrease is applied to the most recent sale price for 37 MEAD LANE of £260,000 on 14th October 2022. For the value to have decreased from £260,000 to £243,725 over the three years and four months to June 2025, the following assumptions must hold true:

• The value of 37 MEAD LANE has moved in line with the HPI for terraced houses in the Arun local authority area.
• The October 2022 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 37 MEAD LANE has not materially changed since October 2022.

How Large is 37 MEAD LANE?

37 MEAD LANE is 80m², which includes two extensions, according to the EPC inspection conducted in September 2019. This puts it in the smallest 20% of terraced houses houses in Bognor Regis, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Bognor Regis, and where 37 MEAD LANE lies on this distribution: 17% of terraced houses houses are smaller than 37 MEAD LANE, and 82% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

37 MEAD LANE: Plot and Title Map

37 MEAD LANE sits on a plot of roughly 0.037 of an acre, or 151m². The below map shows the location of 37 MEAD 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 37 MEAD 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 37 MEAD LANE?

37 MEAD LANE is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 37 on MEAD LANE.