37B, CENTRAL DRIVE, ELMER, BOGNOR REGIS, PO22 7TT - £850,000

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.

37B CENTRAL DRIVE is a large detached house of 154m², built sometime between 1983 and 1990, which could now be worth an estimated £1,025,427. It was last sold for £850,000 in November 2019, which was around 78% above the average November 2019 detached price in the Arun local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was B.

37B CENTRAL DRIVE Sold Prices

Land registry data shows two sales for 37B CENTRAL DRIVE 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. Both of the two 37B CENTRAL 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
2019 7 NOV	£850,000	£476,387	78% above HPI
1996 30 APR	£162,500	£98,181	66% above HPI

37B CENTRAL 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 two 37B CENTRAL DRIVE sales from April 1996 and November 2019 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 April 1996 sale was for 66% above the HPI. So the extrapolation line tracks at 66% above the HPI over time, until the November 2019 sale, where it rises to 78% above the HPI. The line then continues to track at 78% above the HPI.

What might 37B CENTRAL DRIVE be worth now?

37B CENTRAL DRIVE might now be worth an estimated £1,025,427.

This is based on house price inflation of 20.6%, between November 2019 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 20.6% inflationary increase is applied to the most recent sale price for 37B CENTRAL DRIVE of £850,000 on 7th November 2019. For the value to have increased from £850,000 to £1,025,427 over the six years and nine months to February 2025, the following assumptions must hold true:

• The value of 37B CENTRAL DRIVE has moved in line with the HPI for detached houses in the Arun local authority area.
• The November 2019 sale price of £850,000 represented a fair market value for the property.
• The size, condition, and specification of 37B CENTRAL DRIVE has not materially changed since November 2019.

How Large is 37B CENTRAL DRIVE?

37B CENTRAL DRIVE is 154m² according to the EPC inspection conducted in July 2016. This puts it in the largest 30% 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 37B CENTRAL DRIVE lies on this distribution: 79% of detached houses houses are smaller than 37B CENTRAL DRIVE, and 20% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

37B CENTRAL DRIVE: Plot and Title Map

37B CENTRAL DRIVE sits on a plot of roughly 0.243 of an acre, or 983m². The below map shows the location of 37B CENTRAL 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 37B CENTRAL 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 37B CENTRAL DRIVE?

37B CENTRAL DRIVE is located in ELMER, in the PO22 postcode district. The below map shows the position of No. 37B on CENTRAL DRIVE.