12, CENTRAL DRIVE, ELMER, BOGNOR REGIS, PO22 7TT - £460,000

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.

12 CENTRAL DRIVE is a midsized extended detached house of 123m², built sometime between 1950 and 1966, which could now be worth an estimated £558,932. It was last sold for £460,000 in August 2020, which was around 3% below the average August 2020 detached price in the Arun local authority area. The most recent EPC inspection was March 2019, where the current energy rating was C, and the potential energy rating was B.

12 CENTRAL DRIVE Sold Prices

Land registry data shows three sales for 12 CENTRAL DRIVE since 1^st 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. All of the three 12 CENTRAL DRIVE 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
2020 20 AUG	£460,000	£472,982	3% below HPI
2017 4 AUG	£310,000	£454,328	32% below HPI
1998 2 SEP	£74,995	£134,776	44% below HPI

12 CENTRAL DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Arun local authority area over time, sourced from the HPI. The three 12 CENTRAL DRIVE sales between September 1998 and August 2020 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 2017 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the August 2020 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 12 CENTRAL DRIVE be worth now?

12 CENTRAL DRIVE might now be worth an estimated £558,932.

This is based on house price inflation of 21.5%, between August 2020 and February 2025, for 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 21.5% inflationary increase is applied to the most recent sale price for 12 CENTRAL DRIVE of £460,000 on 20th August 2020. For the value to have increased from £460,000 to £558,932 over the five years and six months to February 2025, the following assumptions must hold true:

• The value of 12 CENTRAL DRIVE has moved in line with the HPI for detached houses in the Arun local authority area.
• The August 2020 sale price of £460,000 represented a fair market value for the property.
• The size, condition, and specification of 12 CENTRAL DRIVE has not materially changed since August 2020.

How Large is 12 CENTRAL DRIVE?

12 CENTRAL DRIVE is 123m², which includes one extension, according to the EPC inspection conducted in March 2019. This puts it in the largest 50% of detached houses houses in Bognor Regis, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bognor Regis, and where 12 CENTRAL DRIVE lies on this distribution: 59% of detached houses houses are smaller than 12 CENTRAL DRIVE, and 40% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

12 CENTRAL DRIVE: Plot and Title Map

12 CENTRAL DRIVE sits on a plot of roughly 0.091 of an acre, or 367m². The below map shows the location of 12 CENTRAL 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 12 CENTRAL 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.

Where is 12 CENTRAL DRIVE?

12 CENTRAL DRIVE is located in ELMER, in the PO22 postcode district. The below map shows the position of No. 12 on CENTRAL DRIVE.