127, WESTMINSTER DRIVE, BOGNOR REGIS, PO21 3RZ - £315,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

127 WESTMINSTER DRIVE is a small detached house of 83m², built sometime between 1967 and 1975. It was last sold for £315,000 in January 2020, which was around 31% below the average January 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.

127 WESTMINSTER DRIVE Sold Prices

Land registry data shows two sales for 127 WESTMINSTER 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. Both of the two 127 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
2020 29 JAN	£315,000	£455,554	31% below HPI
1996 8 JUL	£71,750	£98,594	27% below HPI

127 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 two 127 WESTMINSTER DRIVE sales from July 1996 and January 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 July 1996 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the January 2020 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 127 WESTMINSTER DRIVE?

127 WESTMINSTER DRIVE is 83m² according to the EPC inspection conducted in September 2019. This puts it in the smallest 30% 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 127 WESTMINSTER DRIVE lies on this distribution: 21% of detached houses are smaller than 127 WESTMINSTER DRIVE, and 78% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

127 WESTMINSTER DRIVE: Plot and Title Map

127 WESTMINSTER DRIVE sits on a plot of roughly 0.109 of an acre, or 443m². The below map shows the location of 127 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 127 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 127 WESTMINSTER DRIVE?

127 WESTMINSTER DRIVE is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 127 on WESTMINSTER DRIVE.