27, THE DRIVE, BOGNOR REGIS, PO21 4DU - £694,752

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

27 THE DRIVE is a very large extended detached house of 191m², built sometime between 1950 and 1966, which could now be worth an estimated £846,208. It was last sold for £694,752 in March 2020, which was around 47% above the average March 2020 detached price in the Arun local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was C.

27 THE DRIVE Sold Prices

Land registry data shows four sales for 27 THE 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 27 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
2020 10 MAR	£694,752	£471,844	47% above HPI
2012 1 AUG	£548,000	£338,701	62% above HPI
2005 5 OCT	£467,000	£297,753	57% above HPI
1999 10 AUG	£235,000	£145,393	62% above HPI

27 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 four 27 THE DRIVE sales between August 1999 and March 2020 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 August 2012 sale was for 62% above the HPI. So the extrapolation line tracks at 62% above the HPI over time, until the March 2020 sale, where it falls to 47% above the HPI. The line then continues to track at 47% above the HPI.

What might 27 THE DRIVE be worth now?

27 THE DRIVE might now be worth an estimated £846,208.

This is based on house price inflation of 21.8%, between March 2020 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 21.8% inflationary increase is applied to the most recent sale price for 27 THE DRIVE of £694,752 on 10th March 2020. For the value to have increased from £694,752 to £846,208 over the five years and one month to February 2025, the following assumptions must hold true:

• The value of 27 THE DRIVE has moved in line with the HPI for detached houses in the Arun local authority area.
• The March 2020 sale price of £694,752 represented a fair market value for the property.
• The size, condition, and specification of 27 THE DRIVE has not materially changed since March 2020.

How Large is 27 THE DRIVE?

27 THE DRIVE is 191m², which includes one extension, according to the EPC inspection conducted in July 2019. This puts it in the largest 10% 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 27 THE DRIVE lies on this distribution: 91% of detached houses houses are smaller than 27 THE DRIVE, and 9% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

27 THE DRIVE: Plot and Title Map

27 THE DRIVE sits on a plot of roughly 0.213 of an acre, or 861m². The below map shows the location of 27 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 27 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 27 THE DRIVE?

27 THE DRIVE is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 27 on THE DRIVE.