12, WESTMINSTER DRIVE, BOGNOR REGIS, PO21 3RA - £279,950

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 WESTMINSTER DRIVE is a very small detached house of 63m², built sometime between 1976 and 1982. It was last sold for £279,950 in November 2015, which was around 30% below the average November 2015 detached price in the Arun local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was B.

12 WESTMINSTER DRIVE Sold Prices

Land registry data shows three sales for 12 WESTMINSTER 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 WESTMINSTER 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
2015 10 NOV	£279,950	£399,348	30% below HPI
2005 11 JUL	£239,000	£285,413	16% below HPI
2002 12 AUG	£169,950	£227,212	25% below HPI

12 WESTMINSTER 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 WESTMINSTER DRIVE sales between August 2002 and November 2015 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 July 2005 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the November 2015 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 12 WESTMINSTER DRIVE?

12 WESTMINSTER DRIVE is 63m² according to the EPC inspection conducted in April 2023. 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 WESTMINSTER DRIVE lies on this distribution: 4% of detached houses are smaller than 12 WESTMINSTER DRIVE, and 96% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

12 WESTMINSTER DRIVE: Plot and Title Map

12 WESTMINSTER DRIVE sits on a plot of roughly 0.100 of an acre, or 403m². The below map shows the location of 12 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 12 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.

Where is 12 WESTMINSTER DRIVE?

12 WESTMINSTER DRIVE is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 12 on WESTMINSTER DRIVE.