27A, SOUTH DRIVE, BOGNOR REGIS, PO22 7PY - £385,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

27A SOUTH DRIVE is a very small detached house of 71m², built sometime between 1967 and 1975. It was last sold for £385,000 in September 2023, which was around 30% below the average September 2023 detached price in the Arun local authority area. The most recent EPC inspection was May 2023, where the current energy rating was D, and the potential energy rating was B.

27A SOUTH DRIVE Sold Prices

Land registry data shows three sales for 27A SOUTH DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Arun local authority area for the corresponding sale date. All of the three 27A SOUTH 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
2023 28 SEP	£385,000	£546,592	30% below HPI
2001 12 NOV	£133,000	£201,580	34% below HPI
1998 29 OCT	£80,000	£131,095	39% below HPI

27A SOUTH 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 three 27A SOUTH DRIVE sales between October 1998 and September 2023 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 2001 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the September 2023 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 27A SOUTH DRIVE?

27A SOUTH DRIVE is 71m² according to the EPC inspection conducted in May 2023. This puts it in the smallest 10% 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 27A SOUTH DRIVE lies on this distribution: 9% of detached houses are smaller than 27A SOUTH DRIVE, and 90% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

27A SOUTH DRIVE: Plot and Title Map

27A SOUTH DRIVE sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 27A SOUTH 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 27A SOUTH 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 27A SOUTH DRIVE?

27A SOUTH DRIVE is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 27A on SOUTH DRIVE.