15, PARK DRIVE, BOGNOR REGIS, PO22 7RD - £695,000

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

15 PARK DRIVE is a very large extended detached house of 179m², built sometime between 1950 and 1966. It was last sold for £695,000 in February 2022, which was around 30% above the average February 2022 detached price in the Arun local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was D.

15 PARK DRIVE Sold Prices

Land registry data shows five sales for 15 PARK DRIVE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Arun local authority area for the corresponding sale date. All of the five 15 PARK DRIVE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

DatePriceHPI PriceVariation from HPI
2022
24 FEB
£695,000£534,715
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30% above HPI
2015
12 JUN
£500,000£385,180
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30% above HPI
2011
17 JUN
£367,500£309,200
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19% above HPI
2000
23 NOV
£179,950£177,574
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1% above HPI
1995
13 JAN
£136,000£95,786
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42% above HPI

15 PARK 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 five 15 PARK DRIVE sales between January 1995 and February 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 June 2015 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the February 2022 sale, which was also at 30% above the HPI.

15, PARK DRIVE, BOGNOR REGIS, PO22 7RD: Price paid vs HM Land Registry's House Price Index

How Large is 15 PARK DRIVE?

15 PARK DRIVE is 179m², which includes four extensions, according to the EPC inspection conducted in February 2015. This puts it in the largest 20% 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 15 PARK DRIVE lies on this distribution: 88% of detached houses are smaller than 15 PARK DRIVE, and 12% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

15, PARK DRIVE, BOGNOR REGIS, PO22 7RD: Size of property relative to detached houses in Bognor Regis

15 PARK DRIVE: Plot and Title Map

15 PARK DRIVE sits on a plot of roughly 0.185 of an acre, or 750m². The below map shows the location of 15 PARK 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 15 PARK 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.

15, PARK DRIVE, BOGNOR REGIS, PO22 7RD: Plot and title map

Where is 15 PARK DRIVE?

15 PARK DRIVE is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 15 on PARK DRIVE.

15, PARK DRIVE, BOGNOR REGIS, PO22 7RD: Location map and indicative extent of plot

All sales of detached houses on PARK DRIVE

18A, PARK DRIVE, BOGNOR REGIS, PO22 7RD
2022
6 APR
£592,500
15, PARK DRIVE, BOGNOR REGIS, PO22 7RD
2022
24 FEB
£695,000
16, PARK DRIVE, BOGNOR REGIS, PO22 7RD
2019
2 DEC
£600,000
15, PARK DRIVE, BOGNOR REGIS, PO22 7RD
2015
12 JUN
£500,000
20, PARK DRIVE, BOGNOR REGIS, PO22 7RD
2012
14 MAY
£385,000
15, PARK DRIVE, BOGNOR REGIS, PO22 7RD
2011
17 JUN
£367,500
28, PARK DRIVE, BOGNOR REGIS, PO22 7RD
2011
7 JAN
£249,950
9, PARK DRIVE, BOGNOR REGIS, PO22 7RD
2007
14 DEC
£345,000
12, PARK DRIVE, BOGNOR REGIS, PO22 7RD
2003
26 SEP
£359,100
9, PARK DRIVE, BOGNOR REGIS, PO22 7RD
2002
25 OCT
£220,000
4, PARK DRIVE, BOGNOR REGIS, PO22 7RD
2001
19 OCT
£170,000
15, PARK DRIVE, BOGNOR REGIS, PO22 7RD
2000
23 NOV
£179,950
24, PARK DRIVE, BOGNOR REGIS, PO22 7RD
2000
26 APR
£198,000
18B, PARK DRIVE, BOGNOR REGIS, PO22 7RD
1996
8 MAY
£125,000
15, PARK DRIVE, BOGNOR REGIS, PO22 7RD
1995
13 JAN
£136,000
Source: HM Land Registry Price Paid Data
Licence: Contains HM Land Registry data © Crown copyright and database right 2024. This data is licensed under the Open Government Licence v3.0.
Source: HM Land Registry UK House Price Index
Licence: Contains HM Land Registry data © Crown copyright and database right 2024. This data is licensed under the Open Government Licence v3.0.
Copyright statement: This information is subject to Crown copyright and database rights 2024 and is reproduced with the permission of HM Land Registry. The polygons (including the associated geometry, namely x, y co-ordinates) are subject to Crown copyright and database rights 2024 Ordnance Survey 100026316. Conditions of use.