4, SHRUBBS DRIVE, BOGNOR REGIS, PO22 7SQ - £450,000

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

4 SHRUBBS DRIVE is a very small detached house of 74m², built sometime between 1950 and 1966. It was last sold for £450,000 in January 2023, which was around 21% below the average January 2023 detached price in the Arun local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was B.

4 SHRUBBS DRIVE Sold Prices

Land registry data shows two sales for 4 SHRUBBS 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 4 SHRUBBS 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 12 JAN	£450,000	£568,771	21% below HPI
2014 19 NOV	£235,000	£375,773	37% below HPI

4 SHRUBBS 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 4 SHRUBBS DRIVE sales from November 2014 and January 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 2014 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the January 2023 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 4 SHRUBBS DRIVE?

4 SHRUBBS DRIVE is 74m² according to the EPC inspection conducted in February 2015. 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 4 SHRUBBS DRIVE lies on this distribution: 11% of detached houses are smaller than 4 SHRUBBS DRIVE, and 88% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

4 SHRUBBS DRIVE: Plot and Title Map

4 SHRUBBS DRIVE sits on a plot of roughly 0.125 of an acre, or 505m². The below map shows the location of 4 SHRUBBS 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 4 SHRUBBS 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 4 SHRUBBS DRIVE?

4 SHRUBBS DRIVE is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 4 on SHRUBBS DRIVE.