26, DRIFT ROAD, BOGNOR REGIS, PO21 3NS - £540,000

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

26 DRIFT ROAD is a large extended detached house of 133m², built sometime between 1976 and 1982. It was last sold for £540,000 in March 2022, which was about the average March 2022 detached price in the Arun local authority area. The most recent EPC inspection was October 2021, where the current energy rating was C, and the potential energy rating was B.

26 DRIFT ROAD Sold Prices

Land registry data shows two sales for 26 DRIFT ROAD 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. One of the two 26 DRIFT ROAD sales was roughly equal to the average price, whilst the other was 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
2022 2 MAR	£540,000	£540,537	Close to HPI
2020 9 JUN	£280,000	£459,581	39% below HPI

26 DRIFT ROAD 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 26 DRIFT ROAD sales from June 2020 and March 2022 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 June 2020 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the March 2022 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 26 DRIFT ROAD?

26 DRIFT ROAD is 133m², which includes one extension, according to the EPC inspection conducted in October 2021. 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 26 DRIFT ROAD lies on this distribution: 66% of detached houses are smaller than 26 DRIFT ROAD, and 33% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

26 DRIFT ROAD: Plot and Title Map

26 DRIFT ROAD sits on a plot of roughly 0.145 of an acre, or 588m². The below map shows the location of 26 DRIFT ROAD, 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 26 DRIFT ROAD). 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 26 DRIFT ROAD?

26 DRIFT ROAD is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 26 on DRIFT ROAD.