123, WESTMINSTER DRIVE, BOGNOR REGIS, PO21 3RX - £400,000

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

123 WESTMINSTER DRIVE is a midsized detached house of 104m², built sometime between 1950 and 1966. It was last sold for £400,000 in June 2021, which was around 20% below the average June 2021 detached price in the Arun local authority area. The most recent EPC inspection was December 2014, where the current energy rating was E, and the potential energy rating was B.

123 WESTMINSTER DRIVE Sold Prices

Land registry data shows three sales for 123 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 123 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
2021 30 JUN	£400,000	£497,497	20% below HPI
2014 14 NOV	£242,500	£375,773	35% below HPI
2001 29 AUG	£143,000	£194,413	26% below HPI

123 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 123 WESTMINSTER DRIVE sales between August 2001 and June 2021 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 November 2014 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the June 2021 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 123 WESTMINSTER DRIVE?

123 WESTMINSTER DRIVE is 104m² according to the EPC inspection conducted in December 2014. This puts it in the smallest 50% 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 123 WESTMINSTER DRIVE lies on this distribution: 43% of detached houses are smaller than 123 WESTMINSTER DRIVE, and 57% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

123 WESTMINSTER DRIVE: Plot and Title Map

123 WESTMINSTER DRIVE sits on a plot of roughly 0.095 of an acre, or 383m². The below map shows the location of 123 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 123 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 123 WESTMINSTER DRIVE?

123 WESTMINSTER DRIVE is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 123 on WESTMINSTER DRIVE.