2, SOUTH DRIVE, BOGNOR REGIS, PO22 7PZ - £495,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

2 SOUTH DRIVE is a very large extended detached house of 182m², built sometime between 1950 and 1966. It was last sold for £495,000 in March 2008, which was around 45% above the average March 2008 detached price in the Arun local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was C.

2 SOUTH DRIVE Sold Prices

Land registry data shows two sales for 2 SOUTH 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 SOUTH 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
2008 28 MAR	£495,000	£341,729	45% above HPI
2000 3 NOV	£180,000	£177,574	1% above HPI

2 SOUTH 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 SOUTH DRIVE sales from November 2000 and March 2008 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 November 2000 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the March 2008 sale, where it rises to 45% above the HPI. The line then continues to track at 45% above the HPI.

How Large is 2 SOUTH DRIVE?

2 SOUTH DRIVE is 182m², which includes two extensions, according to the EPC inspection conducted in August 2018. 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 SOUTH DRIVE lies on this distribution: 89% of detached houses are smaller than 2 SOUTH DRIVE, and 11% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

2 SOUTH DRIVE: Plot and Title Map

2 SOUTH DRIVE sits on a plot of roughly 0.187 of an acre, or 757m². The below map shows the location of 2 SOUTH 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 SOUTH 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 SOUTH DRIVE?

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