15, THE DRIVE, BOGNOR REGIS, PO21 4DU - £545,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

15 THE DRIVE is a very large extended detached house of 178m², built sometime between 1976 and 1982. It was last sold for £545,000 in November 2014, which was around 45% above the average November 2014 detached price in the Arun local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was C.

15 THE DRIVE Sold Prices

Land registry data shows two sales for 15 THE 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 15 THE DRIVE sales were for above 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
2014 25 NOV	£545,000	£375,773	45% above HPI
2006 24 AUG	£500,000	£300,465	66% above HPI

15 THE 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 15 THE DRIVE sales from August 2006 and November 2014 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 August 2006 sale was for 66% above the HPI. So the extrapolation line tracks at 66% above the HPI over time, until the November 2014 sale, where it falls to 45% above the HPI. The line then continues to track at 45% above the HPI.

How Large is 15 THE DRIVE?

15 THE DRIVE is 178m², which includes three extensions, according to the EPC inspection conducted in September 2014. 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 THE DRIVE lies on this distribution: 88% of detached houses are smaller than 15 THE DRIVE, and 12% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

15 THE DRIVE: Plot and Title Map

15 THE DRIVE sits on a plot of roughly 0.176 of an acre, or 712m². The below map shows the location of 15 THE 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 THE 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 15 THE DRIVE?

15 THE DRIVE is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 15 on THE DRIVE.