48, WESTMINSTER DRIVE, BOGNOR REGIS, PO21 3RE - £295,000

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

48 WESTMINSTER DRIVE is a midsized extended detached house of 118m², built sometime between 1967 and 1975. It was last sold for £295,000 in August 2010, which was around 10% below the average August 2010 detached price in the Arun local authority area. The most recent EPC inspection was February 2010, where the current energy rating was C, and the potential energy rating was C.

48 WESTMINSTER DRIVE Sold Prices

Land registry data shows two sales for 48 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 48 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
2010 24 AUG	£295,000	£328,318	10% below HPI
2007 21 JUN	£226,000	£329,872	31% below HPI

48 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 48 WESTMINSTER DRIVE sales from June 2007 and August 2010 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 June 2007 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the August 2010 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 48 WESTMINSTER DRIVE?

48 WESTMINSTER DRIVE is 118m², which includes one extension, according to the EPC inspection conducted in February 2010. This puts it in the largest 50% 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 48 WESTMINSTER DRIVE lies on this distribution: 56% of detached houses are smaller than 48 WESTMINSTER DRIVE, and 44% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

48 WESTMINSTER DRIVE: Plot and Title Map

48 WESTMINSTER DRIVE sits on a plot of roughly 0.104 of an acre, or 423m². The below map shows the location of 48 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 48 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 48 WESTMINSTER DRIVE?

48 WESTMINSTER DRIVE is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 48 on WESTMINSTER DRIVE.