22, ELM DRIVE, BOGNOR REGIS, PO22 6JE - £372,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

22 ELM DRIVE is a midsized detached house of 111m², built sometime between 1930 and 1949, which could now be worth an estimated £494,796. It was last sold for £372,000 in August 2016, which was around 14% below the average August 2016 detached price in the Arun local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was C.

22 ELM DRIVE Sold Prices

Land registry data shows two sales for 22 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 22 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
2016 25 AUG	£372,000	£432,078	14% below HPI
2014 24 SEP	£333,000	£379,297	12% below HPI

22 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 22 ELM DRIVE sales from September 2014 and August 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 September 2014 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the August 2016 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 22 ELM DRIVE be worth now?

22 ELM DRIVE might now be worth an estimated £494,796.

This is based on house price inflation of 33%, between August 2016 and February 2025, for detached houses, in the Arun local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 33% inflationary increase is applied to the most recent sale price for 22 ELM DRIVE of £372,000 on 25th August 2016. For the value to have increased from £372,000 to £494,796 over the nine years and six months to February 2025, the following assumptions must hold true:

• The value of 22 ELM DRIVE has moved in line with the HPI for detached houses in the Arun local authority area.
• The August 2016 sale price of £372,000 represented a fair market value for the property.
• The size, condition, and specification of 22 ELM DRIVE has not materially changed since August 2016.

How Large is 22 ELM DRIVE?

22 ELM DRIVE is 111m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 50% of detached houses houses in Bognor Regis, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bognor Regis, and where 22 ELM DRIVE lies on this distribution: 49% of detached houses houses are smaller than 22 ELM DRIVE, and 50% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

22 ELM DRIVE: Plot and Title Map

22 ELM DRIVE sits on a plot of roughly 0.098 of an acre, or 396m². The below map shows the location of 22 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 22 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 22 ELM DRIVE?

22 ELM DRIVE is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 22 on ELM DRIVE.