3, GRANGEWOOD DRIVE, BOGNOR REGIS, PO21 4LT - £660,000

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

3 GRANGEWOOD DRIVE is a midsized extended detached house of 109m², built sometime between 1983 and 1990. It was last sold for £660,000 in February 2023, which was around 17% above the average February 2023 detached price in the Arun local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was B.

3 GRANGEWOOD DRIVE Sold Prices

Land registry data shows three sales for 3 GRANGEWOOD 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. Two of the three 3 GRANGEWOOD DRIVE sales were for above the average price, whilst one 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
2023 9 FEB	£660,000	£563,994	17% above HPI
2012 28 SEP	£450,000	£336,530	34% above HPI
2011 9 SEP	£290,000	£319,525	9% below HPI

3 GRANGEWOOD 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 3 GRANGEWOOD DRIVE sales between September 2011 and February 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 September 2012 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the February 2023 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is 3 GRANGEWOOD DRIVE?

3 GRANGEWOOD DRIVE is 109m², which includes one extension, according to the EPC inspection conducted in November 2022. This puts it in the smallest 50% 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 3 GRANGEWOOD DRIVE lies on this distribution: 47% of detached houses are smaller than 3 GRANGEWOOD DRIVE, and 52% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

3 GRANGEWOOD DRIVE: Plot and Title Map

3 GRANGEWOOD DRIVE sits on a plot of roughly 0.233 of an acre, or 942m². The below map shows the location of 3 GRANGEWOOD 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 3 GRANGEWOOD 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 3 GRANGEWOOD DRIVE?

3 GRANGEWOOD DRIVE is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 3 on GRANGEWOOD DRIVE.