45, GRAVITS LANE, BOGNOR REGIS, PO21 5LU - £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.

45 GRAVITS LANE is a small terraced house of 86m², built sometime between 1930 and 1949, which could now be worth an estimated £261,313. It was last sold for £260,000 in February 2022, which was around 4% below the average February 2022 terraced price in the Arun local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was B.

45 GRAVITS LANE Sold Prices

Land registry data shows five sales for 45 GRAVITS LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Arun local authority area for the corresponding sale date. Most of the five 45 GRAVITS 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 18 FEB	£260,000	£271,966	4% below HPI
2005 1 JUL	£137,000	£150,389	9% below HPI
2004 8 APR	£131,500	£137,073	4% below HPI
2002 27 FEB	£87,500	£92,552	5% below HPI
1996 20 MAR	£47,500	£45,778	4% above HPI

45 GRAVITS 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 five 45 GRAVITS LANE sales between March 1996 and February 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 July 2005 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the February 2022 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 45 GRAVITS LANE be worth now?

45 GRAVITS LANE might now be worth an estimated £261,313.

This is based on house price inflation of 0.5%, between February 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 0.5% inflationary increase is applied to the most recent sale price for 45 GRAVITS LANE of £260,000 on 18th February 2022. For the value to have increased from £260,000 to £261,313 over the two years and eight months to June 2025, the following assumptions must hold true:

• The value of 45 GRAVITS LANE has moved in line with the HPI for terraced houses in the Arun local authority area.
• The February 2022 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 45 GRAVITS LANE has not materially changed since February 2022.

How Large is 45 GRAVITS LANE?

45 GRAVITS LANE is 86m² according to the EPC inspection conducted in September 2021. This puts it in the smallest 30% 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 45 GRAVITS LANE lies on this distribution: 24% of terraced houses houses are smaller than 45 GRAVITS LANE, and 76% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

45 GRAVITS LANE: Plot and Title Map

45 GRAVITS LANE sits on a plot of roughly 0.030 of an acre, or 123m². The below map shows the location of 45 GRAVITS 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 45 GRAVITS 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 45 GRAVITS LANE?

45 GRAVITS LANE is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 45 on GRAVITS LANE.