43, WESTMINSTER DRIVE, BOGNOR REGIS, PO21 3RE - £435,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

43 WESTMINSTER DRIVE is a small detached house of 95m², built sometime between 1950 and 1966. It was last sold for £435,000 in September 2022, which was around 23% below the average September 2022 detached price in the Arun local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

43 WESTMINSTER DRIVE Sold Prices

Land registry data shows two sales for 43 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 43 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
2022 30 SEP	£435,000	£565,676	23% below HPI
1996 19 JAN	£74,000	£94,762	22% below HPI

43 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 43 WESTMINSTER DRIVE sales from January 1996 and September 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 January 1996 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the September 2022 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 43 WESTMINSTER DRIVE?

43 WESTMINSTER DRIVE is 95m² according to the EPC inspection conducted in May 2022. 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 43 WESTMINSTER DRIVE lies on this distribution: 33% of detached houses are smaller than 43 WESTMINSTER DRIVE, and 66% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

43 WESTMINSTER DRIVE: Plot and Title Map

43 WESTMINSTER DRIVE sits on a plot of roughly 0.135 of an acre, or 546m². The below map shows the location of 43 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 43 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 43 WESTMINSTER DRIVE?

43 WESTMINSTER DRIVE is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 43 on WESTMINSTER DRIVE.