41, WESTMINSTER DRIVE, BOGNOR REGIS, PO21 3RE - £250,000

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

41 WESTMINSTER DRIVE is a small detached house of 96m², built sometime between 1967 and 1975. It was last sold for £250,000 in August 2011, which was around 21% below the average August 2011 detached price in the Arun local authority area. The most recent EPC inspection was December 2010, where the current energy rating was D, and the potential energy rating was D.

41 WESTMINSTER DRIVE Sold Prices

Land registry data shows two sales for 41 WESTMINSTER 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 41 WESTMINSTER 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
2011 10 AUG	£250,000	£316,960	21% below HPI
2007 17 JAN	£230,000	£309,031	26% below HPI

41 WESTMINSTER 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 41 WESTMINSTER DRIVE sales from January 2007 and August 2011 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 January 2007 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the August 2011 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 41 WESTMINSTER DRIVE?

41 WESTMINSTER DRIVE is 96m² according to the EPC inspection conducted in December 2010. This puts it in the smallest 40% 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 WESTMINSTER DRIVE lies on this distribution: 35% of detached houses are smaller than 41 WESTMINSTER DRIVE, and 65% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

41 WESTMINSTER DRIVE: Plot and Title Map

41 WESTMINSTER DRIVE sits on a plot of roughly 0.122 of an acre, or 495m². The below map shows the location of 41 WESTMINSTER 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 WESTMINSTER 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 41 WESTMINSTER DRIVE?

41 WESTMINSTER DRIVE is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 41 on WESTMINSTER DRIVE.