12, SOUTH DRIVE, BOGNOR REGIS, PO22 7PZ - £460,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

12 SOUTH DRIVE is a small detached house of 95m², built sometime between 1950 and 1966. It was last sold for £460,000 in April 2022, which was around 15% below the average April 2022 detached price in the Arun local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was C.

12 SOUTH DRIVE Sold Prices

Land registry data shows three sales for 12 SOUTH 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 SOUTH 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
2022 29 APR	£460,000	£539,140	15% below HPI
2006 1 DEC	£282,500	£313,156	10% below HPI
1995 7 AUG	£95,000	£97,605	3% below HPI

12 SOUTH 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 SOUTH DRIVE sales between August 1995 and April 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 December 2006 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the April 2022 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 12 SOUTH DRIVE?

12 SOUTH DRIVE is 95m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 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 12 SOUTH DRIVE lies on this distribution: 33% of detached houses are smaller than 12 SOUTH DRIVE, and 66% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

12 SOUTH DRIVE: Plot and Title Map

12 SOUTH DRIVE sits on a plot of roughly 0.138 of an acre, or 557m². The below map shows the location of 12 SOUTH 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 SOUTH 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 SOUTH DRIVE?

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