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 SOUTH DRIVE is a small extended detached house of 91m², built sometime between 1950 and 1966. It was last sold for £416,000 in July 2017, which was around 4% below the average July 2017 detached price in the Arun local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 14 SOUTH 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 14 SOUTH 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 |
---|---|---|---|
2017 11 JUL | £416,000 | £434,050 | 4% below HPI |
2013 30 JUL | £295,000 | £331,823 | 11% below HPI |
2003 21 MAR | £187,000 | £256,863 | 27% 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 14 SOUTH DRIVE sales between March 2003 and July 2017 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 2013 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the July 2017 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.
14 SOUTH DRIVE is 91m², which includes one extension, according to the EPC inspection conducted in April 2013. 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 14 SOUTH DRIVE lies on this distribution: 29% of detached houses are smaller than 14 SOUTH DRIVE, and 70% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.
14 SOUTH DRIVE sits on a plot of roughly 0.137 of an acre, or 554m². The below map shows the location of 14 SOUTH 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 14 SOUTH 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.
14 SOUTH DRIVE is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 14 on SOUTH DRIVE.