49, THE DRIVE, BOGNOR REGIS, PO21 4DS - £805,061

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

49 THE DRIVE is a large detached house of 142m², built sometime between 1996 and 2002. It was last sold for £805,061 in November 2021, which was around 54% above the average November 2021 detached price in the Arun local authority area. The most recent EPC inspection was May 2018, where the current energy rating was C, and the potential energy rating was B.

49 THE DRIVE Sold Prices

Land registry data shows four sales for 49 THE DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Arun local authority area for the corresponding sale date. All of the four 49 THE DRIVE sales were 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
2021 5 NOV	£805,061	£523,042	54% above HPI
2019 8 FEB	£667,500	£450,374	48% above HPI
2008 2 SEP	£562,500	£320,972	75% above HPI
1998 15 APR	£275,000	£120,060	129% above HPI

49 THE 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 four 49 THE DRIVE sales between April 1998 and November 2021 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 February 2019 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the November 2021 sale, where it rises to 54% above the HPI. The line then continues to track at 54% above the HPI.

How Large is 49 THE DRIVE?

49 THE DRIVE is 142m² according to the EPC inspection conducted in May 2018. This puts it in the largest 30% 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 49 THE DRIVE lies on this distribution: 72% of detached houses are smaller than 49 THE DRIVE, and 27% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

49 THE DRIVE: Plot and Title Map

49 THE DRIVE sits on a plot of roughly 0.166 of an acre, or 674m². The below map shows the location of 49 THE 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 49 THE 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 49 THE DRIVE?

49 THE DRIVE is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 49 on THE DRIVE.