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
56 SILVER BIRCH DRIVE is a small detached house of 84m², built sometime between 1983 and 1990. It was last sold for £400,000 in October 2022, which was around 29% below the average October 2022 detached price in the Arun local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 56 SILVER BIRCH DRIVE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Arun local authority area for the corresponding sale date. All of the three 56 SILVER BIRCH 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 10 OCT | £400,000 | £566,180 | 29% below HPI |
1999 17 DEC | £129,000 | £151,548 | 15% below HPI |
1997 5 DEC | £88,950 | £117,475 | 24% below HPI |
The below graph shows the average detached house price in the Arun local authority area over time, sourced from the HPI. The three 56 SILVER BIRCH DRIVE sales between December 1997 and October 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 December 1999 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the October 2022 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.
56 SILVER BIRCH DRIVE is 84m² according to the EPC inspection conducted in June 2022. This puts it in the smallest 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 56 SILVER BIRCH DRIVE lies on this distribution: 22% of detached houses are smaller than 56 SILVER BIRCH DRIVE, and 77% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.
56 SILVER BIRCH DRIVE sits on a plot of roughly 0.054 of an acre, or 220m². The below map shows the location of 56 SILVER BIRCH 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 56 SILVER BIRCH 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.
56 SILVER BIRCH DRIVE is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 56 on SILVER BIRCH DRIVE.