Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
1 WESTMINSTER DRIVE is a large extended detached house of 137m², built sometime between 1967 and 1975. It was last sold for £430,000 in February 2017, which was about the average February 2017 detached price in the Arun local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 1 WESTMINSTER DRIVE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Arun local authority area for the corresponding sale date. The three 1 WESTMINSTER DRIVE sales were a mix of roughly equal to the average price, above the average price, and 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 |
---|---|---|---|
2017 14 FEB | £430,000 | £429,001 | Close to HPI |
2003 24 APR | £260,000 | £252,713 | 3% above HPI |
1999 29 JAN | £121,000 | £131,507 | 8% below HPI |
The below graph shows the average detached house price in the Arun local authority area over time, sourced from the HPI. The three 1 WESTMINSTER DRIVE sales between January 1999 and February 2017 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 April 2003 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the February 2017 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.
1 WESTMINSTER DRIVE is 137m², which includes one extension, according to the EPC inspection conducted in November 2016. This puts it in the largest 40% of detached houses in Bognor Regis, based on EPC data. The below chart shows the distribution of detached houses by size in Bognor Regis, and where 1 WESTMINSTER DRIVE lies on this distribution: 69% of detached houses are smaller than 1 WESTMINSTER DRIVE, and 30% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.
1 WESTMINSTER DRIVE sits on a plot of roughly 0.172 of an acre, or 697m². The below map shows the location of 1 WESTMINSTER DRIVE, 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 1 WESTMINSTER DRIVE). 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.
1 WESTMINSTER DRIVE is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 1 on WESTMINSTER DRIVE.