22, THE DRIVE, BOGNOR REGIS, PO21 4DU - £595,000

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

22 THE DRIVE is a large detached house of 152m², built sometime between 1983 and 1990. It was last sold for £595,000 in May 2015, which was around 54% above the average May 2015 detached price in the Arun local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was D.

22 THE DRIVE Sold Prices

Land registry data shows two sales for 22 THE 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 THE 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
2015 28 MAY	£595,000	£386,324	54% above HPI
2008 26 NOV	£475,000	£304,684	56% above HPI

22 THE 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 THE DRIVE sales from November 2008 and May 2015 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 2008 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the May 2015 sale, where it falls to 54% above the HPI. The line then continues to track at 54% above the HPI.

How Large is 22 THE DRIVE?

22 THE DRIVE is 152m² according to the EPC inspection conducted in March 2012. This puts it in the largest 30% 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 22 THE DRIVE lies on this distribution: 79% of detached houses are smaller than 22 THE DRIVE, and 21% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

22 THE DRIVE: Plot and Title Map

22 THE DRIVE sits on a plot of roughly 0.196 of an acre, or 795m². The below map shows the location of 22 THE 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 THE 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 THE DRIVE?

22 THE DRIVE is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 22 on THE DRIVE.