16, OXFORD DRIVE, BOGNOR REGIS, PO21 5QU - £301,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

16 OXFORD DRIVE is a very small extended detached house of 82m², built sometime between 1967 and 1975, which could now be worth an estimated £346,010. It was last sold for £301,000 in March 2021, which was around 40% below the average March 2021 detached price in the Arun local authority area. The most recent EPC inspection was September 2015, where the current energy rating was B, and the potential energy rating was B.

16 OXFORD DRIVE Sold Prices

Land registry data shows two sales for 16 OXFORD 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 OXFORD 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 5 MAR	£301,000	£499,946	40% below HPI
1997 1 AUG	£82,000	£117,048	30% below HPI

16 OXFORD 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 OXFORD DRIVE sales from August 1997 and March 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 August 1997 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the March 2021 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 16 OXFORD DRIVE be worth now?

16 OXFORD DRIVE might now be worth an estimated £346,010.

This is based on house price inflation of 15%, between March 2021 and February 2025, for detached houses, in the Arun local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15% inflationary increase is applied to the most recent sale price for 16 OXFORD DRIVE of £301,000 on 5th March 2021. For the value to have increased from £301,000 to £346,010 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 16 OXFORD DRIVE has moved in line with the HPI for detached houses in the Arun local authority area.
• The March 2021 sale price of £301,000 represented a fair market value for the property.
• The size, condition, and specification of 16 OXFORD DRIVE has not materially changed since March 2021.

How Large is 16 OXFORD DRIVE?

16 OXFORD DRIVE is 82m², which includes one extension, according to the EPC inspection conducted in September 2015. This puts it in the smallest 20% of detached houses houses in Bognor Regis, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bognor Regis, and where 16 OXFORD DRIVE lies on this distribution: 19% of detached houses houses are smaller than 16 OXFORD DRIVE, and 80% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

16 OXFORD DRIVE: Plot and Title Map

16 OXFORD DRIVE sits on a plot of roughly 0.081 of an acre, or 326m². The below map shows the location of 16 OXFORD 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 OXFORD 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 OXFORD DRIVE?

16 OXFORD DRIVE is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 16 on OXFORD DRIVE.