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
45 CENTRAL DRIVE is a small extended detached house of 98m², built sometime between 1950 and 1966. It was last sold for £377,500 in May 2017, which was around 11% below the average May 2017 detached price in the Arun local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 45 CENTRAL DRIVE since 1st 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. One of the two 45 CENTRAL DRIVE sales was for below the average price, whilst the other was 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 |
---|---|---|---|
2017 3 MAY | £377,500 | £425,507 | 11% below HPI |
2015 13 JAN | £375,000 | £373,038 | 1% above HPI |
The below graph shows the average detached house price in the Arun local authority area over time, sourced from the HPI. The two 45 CENTRAL DRIVE sales from January 2015 and May 2017 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 2015 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the May 2017 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.
45 CENTRAL DRIVE is 98m², which includes one extension, according to the EPC inspection conducted in July 2014. 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 45 CENTRAL DRIVE lies on this distribution: 36% of detached houses are smaller than 45 CENTRAL DRIVE, and 63% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.
45 CENTRAL DRIVE sits on a plot of roughly 0.119 of an acre, or 480m². The below map shows the location of 45 CENTRAL 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 45 CENTRAL 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.
45 CENTRAL DRIVE is located in ELMER, in the PO22 postcode district. The below map shows the position of No. 45 on CENTRAL DRIVE.