19, ELM DRIVE, BOGNOR REGIS, PO22 6JE - £425,000

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

19 ELM DRIVE is a very small extended detached house of 64m², built sometime between 1930 and 1949. It was last sold for £425,000 in September 2021, which was around 15% below the average September 2021 detached price in the Arun local authority area. The most recent EPC inspection was November 2012, where the current energy rating was E, and the potential energy rating was B.

19 ELM DRIVE Sold Prices

Land registry data shows two sales for 19 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 19 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
2021 24 SEP	£425,000	£499,148	15% below HPI
2013 24 MAY	£210,000	£324,855	35% below HPI

19 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 19 ELM DRIVE sales from May 2013 and September 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 May 2013 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the September 2021 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 19 ELM DRIVE?

19 ELM DRIVE is 64m², which includes one extension, according to the EPC inspection conducted in November 2012. This puts it in the smallest 10% 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 19 ELM DRIVE lies on this distribution: 4% of detached houses are smaller than 19 ELM DRIVE, and 95% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

19 ELM DRIVE: Plot and Title Map

19 ELM DRIVE sits on a plot of roughly 0.130 of an acre, or 525m². The below map shows the location of 19 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 19 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 19 ELM DRIVE?

19 ELM DRIVE is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 19 on ELM DRIVE.