40, VICTORIA DRIVE, BOGNOR REGIS, PO21 2TE - £360,000

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

40 VICTORIA DRIVE is a large extended detached house of 138m², built sometime between 1930 and 1949. It was last sold for £360,000 in September 2014, which was around 2% below the average September 2014 detached price in the Arun local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was C.

40 VICTORIA DRIVE Sold Prices

Land registry data shows three sales for 40 VICTORIA 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. One of the three 40 VICTORIA DRIVE sales was for below the average price, whilst two 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
2014 18 SEP	£360,000	£365,612	2% below HPI
2004 10 SEP	£303,000	£288,693	5% above HPI
1998 21 JUL	£138,000	£126,683	9% above HPI

40 VICTORIA 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 40 VICTORIA DRIVE sales between July 1998 and September 2014 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 2004 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the September 2014 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 40 VICTORIA DRIVE?

40 VICTORIA DRIVE is 138m², which includes two extensions, according to the EPC inspection conducted in May 2014. This puts it in the largest 30% 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 40 VICTORIA DRIVE lies on this distribution: 70% of detached houses are smaller than 40 VICTORIA DRIVE, and 30% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

40 VICTORIA DRIVE: Plot and Title Map

40 VICTORIA DRIVE sits on a plot of roughly 0.114 of an acre, or 463m². The below map shows the location of 40 VICTORIA 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 40 VICTORIA 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 40 VICTORIA DRIVE?

40 VICTORIA DRIVE is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 40 on VICTORIA DRIVE.