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
15 VICTORIA DRIVE is a very large extended detached house of 224m², built sometime between 1930 and 1949. It was last sold for £630,000 in February 2023, which was around 12% above the average February 2023 detached price in the Arun local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 15 VICTORIA DRIVE since 1st 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. One of the two 15 VICTORIA DRIVE sales was for above the average price, whilst the other was 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 |
---|---|---|---|
2023 20 FEB | £630,000 | £563,994 | 12% above HPI |
2014 28 FEB | £310,000 | £339,613 | 9% below HPI |
The below graph shows the average detached house price in the Arun local authority area over time, sourced from the HPI. The two 15 VICTORIA DRIVE sales from February 2014 and February 2023 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 February 2014 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the February 2023 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.
15 VICTORIA DRIVE is 224m², which includes two extensions, according to the EPC inspection conducted in June 2014. This puts it in the largest 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 15 VICTORIA DRIVE lies on this distribution: 96% of detached houses are smaller than 15 VICTORIA DRIVE, and 4% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.
15 VICTORIA DRIVE sits on a plot of roughly 0.113 of an acre, or 455m². The below map shows the location of 15 VICTORIA 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 VICTORIA 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 VICTORIA DRIVE is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 15 on VICTORIA DRIVE.