14, DRAKE PARK, BOGNOR REGIS, PO22 7QG - £392,000

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

14 DRAKE PARK is a midsized extended detached house of 113m², built sometime between 1967 and 1975. It was last sold for £392,000 in March 2018, which was around 13% below the average March 2018 detached price in the Arun local authority area. The most recent EPC inspection was October 2017, where the current energy rating was C, and the potential energy rating was B.

14 DRAKE PARK Sold Prices

Land registry data shows two sales for 14 DRAKE PARK 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 14 DRAKE PARK 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
2018 26 MAR	£392,000	£448,033	13% below HPI
2004 14 JUL	£271,000	£280,286	3% below HPI

14 DRAKE PARK 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 14 DRAKE PARK sales from July 2004 and March 2018 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 2004 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the March 2018 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 14 DRAKE PARK?

14 DRAKE PARK is 113m², which includes two extensions, according to the EPC inspection conducted in October 2017. This puts it in the largest 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 14 DRAKE PARK lies on this distribution: 51% of detached houses are smaller than 14 DRAKE PARK, and 48% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

14 DRAKE PARK: Plot and Title Map

14 DRAKE PARK sits on a plot of roughly 0.081 of an acre, or 326m². The below map shows the location of 14 DRAKE PARK, 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 14 DRAKE PARK). 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 14 DRAKE PARK?

14 DRAKE PARK is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 14 on DRAKE PARK.