3, OXFORD DRIVE, BOGNOR REGIS, PO21 5QT - £370,000

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

3 OXFORD DRIVE is a very small extended detached house of 82m², built sometime between 1967 and 1975. It was last sold for £370,000 in February 2020, which was around 18% below the average February 2020 detached price in the Arun local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was B.

3 OXFORD DRIVE Sold Prices

Land registry data shows three sales for 3 OXFORD 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 3 OXFORD 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
2020 27 FEB	£370,000	£453,354	18% below HPI
2016 18 MAY	£325,000	£409,936	21% below HPI
1997 18 MAR	£74,000	£102,952	28% below HPI

3 OXFORD 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 OXFORD DRIVE sales between March 1997 and February 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 May 2016 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the February 2020 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 3 OXFORD DRIVE?

3 OXFORD DRIVE is 82m², which includes one extension, according to the EPC inspection conducted in January 2016. This puts it in the smallest 20% 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 OXFORD DRIVE lies on this distribution: 20% of detached houses are smaller than 3 OXFORD DRIVE, and 79% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

3 OXFORD DRIVE: Plot and Title Map

3 OXFORD DRIVE sits on a plot of roughly 0.143 of an acre, or 579m². The below map shows the location of 3 OXFORD 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 OXFORD 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 OXFORD DRIVE?

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