23, ELM DRIVE, BOGNOR REGIS, PO22 6JE - £269,950

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

23 ELM DRIVE is a small extended detached house of 100m², built sometime between 1930 and 1949. It was last sold for £269,950 in April 2013, which was around 17% below the average April 2013 detached price in the Arun local authority area. The most recent EPC inspection was July 2009, where the current energy rating was E, and the potential energy rating was D.

23 ELM DRIVE Sold Prices

Land registry data shows four sales for 23 ELM DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Arun local authority area for the corresponding sale date. All of the four 23 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
2013 30 APR	£269,950	£324,910	17% below HPI
2009 30 OCT	£233,000	£300,480	22% below HPI
2007 28 JUN	£230,000	£329,872	30% below HPI
2003 24 OCT	£180,000	£265,133	32% below HPI

23 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 four 23 ELM DRIVE sales between October 2003 and April 2013 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 October 2009 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the April 2013 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 23 ELM DRIVE?

23 ELM DRIVE is 100m², which includes one extension, according to the EPC inspection conducted in July 2009. This puts it in the smallest 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 23 ELM DRIVE lies on this distribution: 39% of detached houses are smaller than 23 ELM DRIVE, and 60% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

23 ELM DRIVE: Plot and Title Map

23 ELM DRIVE sits on a plot of roughly 0.130 of an acre, or 525m². The below map shows the location of 23 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 23 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 23 ELM DRIVE?

23 ELM DRIVE is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 23 on ELM DRIVE.