51, GLOSTER DRIVE, BOGNOR REGIS, PO21 3JL - £396,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

51 GLOSTER DRIVE is a large extended detached house of 132m², built sometime between 1967 and 1975, which could now be worth an estimated £455,525. It was last sold for £396,500 in November 2020, which was around 21% below the average November 2020 detached price in the Arun local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was C.

51 GLOSTER DRIVE Sold Prices

Land registry data shows five sales for 51 GLOSTER DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Arun local authority area for the corresponding sale date. All of the five 51 GLOSTER 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
2020 2 NOV	£396,500	£500,238	21% below HPI
2012 26 OCT	£295,000	£347,198	15% below HPI
2009 7 AUG	£279,950	£297,114	6% below HPI
2004 26 JAN	£228,000	£279,553	18% below HPI
1997 20 OCT	£105,000	£123,172	15% below HPI

51 GLOSTER 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 five 51 GLOSTER DRIVE sales between October 1997 and November 2020 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 October 2012 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the November 2020 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 51 GLOSTER DRIVE be worth now?

51 GLOSTER DRIVE might now be worth an estimated £455,525.

This is based on house price inflation of 14.9%, between November 2020 and February 2025, for detached houses, in the Arun local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 14.9% inflationary increase is applied to the most recent sale price for 51 GLOSTER DRIVE of £396,500 on 2nd November 2020. For the value to have increased from £396,500 to £455,525 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 51 GLOSTER DRIVE has moved in line with the HPI for detached houses in the Arun local authority area.
• The November 2020 sale price of £396,500 represented a fair market value for the property.
• The size, condition, and specification of 51 GLOSTER DRIVE has not materially changed since November 2020.

How Large is 51 GLOSTER DRIVE?

51 GLOSTER DRIVE is 132m², which includes three extensions, according to the EPC inspection conducted in April 2012. This puts it in the largest 40% of detached houses houses in Bognor Regis, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bognor Regis, and where 51 GLOSTER DRIVE lies on this distribution: 66% of detached houses houses are smaller than 51 GLOSTER DRIVE, and 34% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

51 GLOSTER DRIVE: Plot and Title Map

51 GLOSTER DRIVE sits on a plot of roughly 0.124 of an acre, or 500m². The below map shows the location of 51 GLOSTER 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 51 GLOSTER 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 51 GLOSTER DRIVE?

51 GLOSTER DRIVE is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 51 on GLOSTER DRIVE.