2, LEDRA DRIVE, BOGNOR REGIS, PO21 4PF - £475,000

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

2 LEDRA DRIVE is a very large detached house of 172m², built sometime between 1967 and 1975. It was last sold for £475,000 in September 2016, which was around 12% above the average September 2016 detached price in the Arun local authority area. The most recent EPC inspection was November 2015, where the current energy rating was C, and the potential energy rating was B.

2 LEDRA DRIVE Sold Prices

Land registry data shows two sales for 2 LEDRA 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 2 LEDRA DRIVE sales were for above 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 29 SEP	£475,000	£425,526	12% above HPI
2014 4 APR	£365,000	£343,135	6% above HPI

2 LEDRA 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 2 LEDRA DRIVE sales from April 2014 and September 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 April 2014 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the September 2016 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 2 LEDRA DRIVE?

2 LEDRA DRIVE is 172m² according to the EPC inspection conducted in November 2015. 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 2 LEDRA DRIVE lies on this distribution: 86% of detached houses are smaller than 2 LEDRA DRIVE, and 13% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

2 LEDRA DRIVE: Plot and Title Map

2 LEDRA DRIVE sits on a plot of roughly 0.117 of an acre, or 473m². The below map shows the location of 2 LEDRA 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 2 LEDRA 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 2 LEDRA DRIVE?

2 LEDRA DRIVE is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 2 on LEDRA DRIVE.