18, DRIFT ROAD, BOGNOR REGIS, PO21 3NS - £285,000

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

18 DRIFT ROAD is a small detached house of 88m², built sometime between 1976 and 1982. It was last sold for £285,000 in March 2016, which was around 31% below the average March 2016 detached price in the Arun local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was B.

18 DRIFT ROAD Sold Prices

Land registry data shows two sales for 18 DRIFT ROAD 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 18 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
2016 3 MAR	£285,000	£410,492	31% below HPI
1997 7 MAR	£84,000	£102,952	18% below HPI

18 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 two 18 DRIFT ROAD sales from March 1997 and March 2016 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 March 1997 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the March 2016 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 18 DRIFT ROAD?

18 DRIFT ROAD is 88m² according to the EPC inspection conducted in August 2015. This puts it in the smallest 30% 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 18 DRIFT ROAD lies on this distribution: 26% of detached houses are smaller than 18 DRIFT ROAD, and 73% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

18 DRIFT ROAD: Plot and Title Map

18 DRIFT ROAD sits on a plot of roughly 0.115 of an acre, or 466m². The below map shows the location of 18 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 18 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 18 DRIFT ROAD?

18 DRIFT ROAD is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 18 on DRIFT ROAD.