16, NORMANS DRIVE, BOGNOR REGIS, PO22 8LW - £424,500

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

16 NORMANS DRIVE is a large extended detached house of 135m², built sometime between 1950 and 1966. It was last sold for £424,500 in August 2021, which was around 15% below the average August 2021 detached price in the Arun local authority area. The most recent EPC inspection was January 2024, where the current energy rating was D, and the potential energy rating was B.

16 NORMANS DRIVE Sold Prices

Land registry data shows three sales for 16 NORMANS DRIVE since 1^st 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 16 NORMANS 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
2021 20 AUG	£424,500	£497,185	15% below HPI
2014 17 APR	£265,000	£343,135	23% below HPI
2011 31 OCT	£245,000	£318,009	23% below HPI

16 NORMANS 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 three 16 NORMANS DRIVE sales between October 2011 and August 2021 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 April 2014 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the August 2021 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 16 NORMANS DRIVE?

16 NORMANS DRIVE is 135m², which includes one extension, according to the EPC inspection conducted in January 2024. This puts it in the largest 40% 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 NORMANS DRIVE lies on this distribution: 68% of detached houses are smaller than 16 NORMANS DRIVE, and 32% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

16 NORMANS DRIVE: Plot and Title Map

16 NORMANS DRIVE sits on a plot of roughly 0.107 of an acre, or 432m². The below map shows the location of 16 NORMANS 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 NORMANS 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 NORMANS DRIVE?

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