42, SUMMERLEY LANE, BOGNOR REGIS, PO22 7HX - £245,000

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.

42 SUMMERLEY LANE is a small terraced house of 94m², built sometime before 1900, which could now be worth an estimated £395,734. It was last sold for £245,000 in August 2013, which was around 37% above the average August 2013 terraced price in the Arun local authority area. The most recent EPC inspection was February 2013, where the current energy rating was E, and the potential energy rating was B.

42 SUMMERLEY LANE Sold Prices

Land registry data shows four sales for 42 SUMMERLEY LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Arun local authority area for the corresponding sale date. All of the four 42 SUMMERLEY LANE sales were for above 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
2013 7 AUG	£245,000	£178,736	37% above HPI
2007 6 AUG	£230,000	£182,609	26% above HPI
2005 7 JAN	£183,500	£149,249	23% above HPI
1996 20 SEP	£59,950	£47,675	26% above HPI

42 SUMMERLEY 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 four 42 SUMMERLEY LANE sales between September 1996 and August 2013 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 August 2007 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the August 2013 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

What might 42 SUMMERLEY LANE be worth now?

42 SUMMERLEY LANE might now be worth an estimated £395,734.

This is based on house price inflation of 61.5%, between August 2013 and August 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 61.5% inflationary increase is applied to the most recent sale price for 42 SUMMERLEY LANE of £245,000 on 7th August 2013. For the value to have increased from £245,000 to £395,734 over the twelve years to August 2025, the following assumptions must hold true:

• The value of 42 SUMMERLEY LANE has moved in line with the HPI for terraced houses in the Arun local authority area.
• The August 2013 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 42 SUMMERLEY LANE has not materially changed since August 2013.

How Large is 42 SUMMERLEY LANE?

42 SUMMERLEY LANE is 94m² according to the EPC inspection conducted in February 2013. This puts it in the smallest 40% 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 42 SUMMERLEY LANE lies on this distribution: 32% of terraced houses houses are smaller than 42 SUMMERLEY LANE, and 67% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

42 SUMMERLEY LANE: Plot and Title Map

42 SUMMERLEY LANE sits on a plot of roughly 0.040 of an acre, or 161m². The below map shows the location of 42 SUMMERLEY 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 42 SUMMERLEY 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 42 SUMMERLEY LANE?

42 SUMMERLEY LANE is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 42 on SUMMERLEY LANE.