16, ELM DRIVE, BOGNOR REGIS, PO22 6JE - £385,000

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

16 ELM DRIVE is a very small detached house of 82m², built sometime between 1950 and 1966. It was last sold for £385,000 in September 2018, which was around 17% below the average September 2018 detached price in the Arun local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was B.

16 ELM DRIVE Sold Prices

Land registry data shows two sales for 16 ELM 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 16 ELM 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
2018 5 SEP	£385,000	£462,060	17% below HPI
2007 22 OCT	£230,000	£343,808	33% below HPI

16 ELM 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 16 ELM DRIVE sales from October 2007 and September 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 October 2007 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the September 2018 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 16 ELM DRIVE?

16 ELM DRIVE is 82m² according to the EPC inspection conducted in September 2013. This puts it in the smallest 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 16 ELM DRIVE lies on this distribution: 20% of detached houses are smaller than 16 ELM DRIVE, and 80% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

16 ELM DRIVE: Plot and Title Map

16 ELM DRIVE sits on a plot of roughly 0.113 of an acre, or 458m². The below map shows the location of 16 ELM 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 16 ELM 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 16 ELM DRIVE?

16 ELM DRIVE is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 16 on ELM DRIVE.