12, MAIN DRIVE, BOGNOR REGIS, PO22 7TN - £416,000

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 MAIN DRIVE is a midsized detached house of 116m², built sometime between 1996 and 2002, which could now be worth an estimated £506,688. It was last sold for £416,000 in March 2020, which was around 12% below the average March 2020 detached 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 C.

12 MAIN DRIVE Sold Prices

Land registry data shows two sales for 12 MAIN DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Arun local authority area for the corresponding sale date. One of the two 12 MAIN DRIVE sales was for below the average price, whilst the other was 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
2020 20 MAR	£416,000	£471,844	12% below HPI
1999 10 JUN	£175,000	£137,376	27% above HPI

12 MAIN 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 two 12 MAIN DRIVE sales from June 1999 and March 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 June 1999 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the March 2020 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 12 MAIN DRIVE be worth now?

12 MAIN DRIVE might now be worth an estimated £506,688.

This is based on house price inflation of 21.8%, between March 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 21.8% inflationary increase is applied to the most recent sale price for 12 MAIN DRIVE of £416,000 on 20th March 2020. For the value to have increased from £416,000 to £506,688 over the five years and one month to February 2025, the following assumptions must hold true:

• The value of 12 MAIN DRIVE has moved in line with the HPI for detached houses in the Arun local authority area.
• The March 2020 sale price of £416,000 represented a fair market value for the property.
• The size, condition, and specification of 12 MAIN DRIVE has not materially changed since March 2020.

How Large is 12 MAIN DRIVE?

12 MAIN DRIVE is 116m² according to the EPC inspection conducted in September 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 MAIN DRIVE lies on this distribution: 53% of detached houses houses are smaller than 12 MAIN DRIVE, and 46% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

12 MAIN DRIVE: Plot and Title Map

12 MAIN DRIVE sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of 12 MAIN 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 MAIN 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 MAIN DRIVE?

12 MAIN DRIVE is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 12 on MAIN DRIVE.