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
41 SUMMERHILL DRIVE is a very small detached house of 68m², built sometime between 1967 and 1975. It was last sold for £380,000 in July 2022, which was around 31% below the average July 2022 detached price in the Arun local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 41 SUMMERHILL DRIVE since 1st 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 41 SUMMERHILL 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 |
---|---|---|---|
2022 15 JUL | £380,000 | £552,284 | 31% below HPI |
2005 15 DEC | £190,000 | £288,021 | 34% below HPI |
1995 6 MAR | £58,000 | £92,586 | 37% below HPI |
The below graph shows the average detached house price in the Arun local authority area over time, sourced from the HPI. The three 41 SUMMERHILL DRIVE sales between March 1995 and July 2022 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 December 2005 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the July 2022 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.
41 SUMMERHILL DRIVE is 68m² according to the EPC inspection conducted in August 2021. This puts it in the smallest 10% 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 41 SUMMERHILL DRIVE lies on this distribution: 7% of detached houses are smaller than 41 SUMMERHILL DRIVE, and 93% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.
41 SUMMERHILL DRIVE sits on a plot of roughly 0.087 of an acre, or 354m². The below map shows the location of 41 SUMMERHILL 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 41 SUMMERHILL 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.
41 SUMMERHILL DRIVE is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 41 on SUMMERHILL DRIVE.