2, MAIN DRIVE, BOGNOR REGIS, PO22 7TN - £171,500

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

2 MAIN DRIVE is a large detached house of 136m², built sometime between 1967 and 1975. It was last sold for £171,500 in August 2002, which was around 25% below the average August 2002 detached price in the Arun local authority area. The most recent EPC inspection was October 2023, where the current energy rating was D, and the potential energy rating was C.

2 MAIN DRIVE Sold Prices

Land registry data shows three sales for 2 MAIN DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Arun local authority area for the corresponding sale date. All of the three 2 MAIN 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
2002 19 AUG	£171,500	£227,212	25% below HPI
1998 4 SEP	£119,950	£129,913	8% below HPI
1996 14 NOV	£80,000	£101,195	21% below HPI

2 MAIN 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 three 2 MAIN DRIVE sales between November 1996 and August 2002 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 September 1998 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the August 2002 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 2 MAIN DRIVE?

2 MAIN DRIVE is 136m² according to the EPC inspection conducted in October 2023. This puts it in the largest 40% 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 MAIN DRIVE lies on this distribution: 68% of detached houses are smaller than 2 MAIN DRIVE, and 31% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

2 MAIN DRIVE: Plot and Title Map

2 MAIN DRIVE sits on a plot of roughly 0.083 of an acre, or 335m². The below map shows the location of 2 MAIN 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 MAIN 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 MAIN DRIVE?

2 MAIN DRIVE is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 2 on MAIN DRIVE.