Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
12 SHRUBBS DRIVE is a very small detached house of 68m², built sometime between 1950 and 1966. It was last sold for £375,000 in August 2017, which was around 14% below the average August 2017 detached price in the Arun local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows five sales for 12 SHRUBBS DRIVE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Arun local authority area for the corresponding sale date. All of the five 12 SHRUBBS 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 |
---|---|---|---|
2017 25 AUG | £375,000 | £437,936 | 14% below HPI |
2012 19 OCT | £242,500 | £334,672 | 28% below HPI |
2012 30 MAR | £205,000 | £315,689 | 35% below HPI |
2002 21 JUN | £67,500 | £214,227 | 68% below HPI |
1997 11 MAR | £55,000 | £102,952 | 47% below HPI |
The below graph shows the average detached house price in the Arun local authority area over time, sourced from the HPI. The five 12 SHRUBBS DRIVE sales between March 1997 and August 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 October 2012 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the August 2017 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.
12 SHRUBBS DRIVE is 68m² according to the EPC inspection conducted in May 2012. This puts it in the smallest 10% 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 12 SHRUBBS DRIVE lies on this distribution: 7% of detached houses are smaller than 12 SHRUBBS DRIVE, and 93% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.
12 SHRUBBS DRIVE sits on a plot of roughly 0.099 of an acre, or 402m². The below map shows the location of 12 SHRUBBS 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 SHRUBBS 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.
12 SHRUBBS DRIVE is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 12 on SHRUBBS DRIVE.