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
13 ELM DRIVE is a very small extended detached house of 65m², built sometime between 1930 and 1949. It was last sold for £390,000 in March 2022, which was around 28% below the average March 2022 detached price in the Arun local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 13 ELM DRIVE since 1st 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 13 ELM 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 2 MAR | £390,000 | £540,537 | 28% below HPI |
2019 11 OCT | £330,000 | £459,143 | 28% below HPI |
2013 30 MAY | £190,000 | £324,855 | 42% below HPI |
The below graph shows the average detached house price in the Arun local authority area over time, sourced from the HPI. The three 13 ELM DRIVE sales between May 2013 and March 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 October 2019 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the March 2022 sale, which was also at 28% below the HPI.
13 ELM DRIVE is 65m², which includes one extension, according to the EPC inspection conducted in August 2018. 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 13 ELM DRIVE lies on this distribution: 5% of detached houses are smaller than 13 ELM DRIVE, and 95% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.
13 ELM DRIVE sits on a plot of roughly 0.146 of an acre, or 592m². The below map shows the location of 13 ELM 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 13 ELM 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.
13 ELM DRIVE is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 13 on ELM DRIVE.