17, DRIFT ROAD, BOGNOR REGIS, PO21 3NS - £365,000

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

17 DRIFT ROAD is a very large extended detached house of 166m², built sometime between 1950 and 1966. It was last sold for £365,000 in June 2017, which was around 15% below the average June 2017 detached price in the Arun local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was C.

17 DRIFT ROAD Sold Prices

Land registry data shows four sales for 17 DRIFT ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Arun local authority area for the corresponding sale date. All of the four 17 DRIFT ROAD 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
2017 5 JUN	£365,000	£428,987	15% below HPI
2006 12 JUN	£222,500	£292,463	24% below HPI
2002 21 JUN	£178,000	£214,227	17% below HPI
1995 3 MAY	£80,000	£93,614	15% below HPI

17 DRIFT ROAD 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 four 17 DRIFT ROAD sales between May 1995 and June 2017 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 June 2006 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the June 2017 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 17 DRIFT ROAD?

17 DRIFT ROAD is 166m², which includes one extension, according to the EPC inspection conducted in May 2013. 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 17 DRIFT ROAD lies on this distribution: 84% of detached houses are smaller than 17 DRIFT ROAD, and 15% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

17 DRIFT ROAD: Plot and Title Map

17 DRIFT ROAD sits on a plot of roughly 0.111 of an acre, or 451m². The below map shows the location of 17 DRIFT ROAD, 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 17 DRIFT ROAD). 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 17 DRIFT ROAD?

17 DRIFT ROAD is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 17 on DRIFT ROAD.