56, THE DRIVE, BOGNOR REGIS, PO21 4DT - £1,200,000

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 THE DRIVE is a very large extended detached house of 238m², built sometime between 1996 and 2002. It was last sold for £1,200,000 in June 2019, which was around 165% above the average June 2019 detached price in the Arun local authority area. The most recent EPC inspection was December 2013, where the current energy rating was D, and the potential energy rating was C.

56 THE DRIVE Sold Prices

Land registry data shows two sales for 56 THE 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 56 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
2019 21 JUN	£1,200,000	£452,823	165% above HPI
2008 12 DEC	£310,000	£292,570	6% above HPI

56 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 two 56 THE DRIVE sales from December 2008 and June 2019 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 2008 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the June 2019 sale, where it rises to 165% above the HPI. The line then continues to track at 165% above the HPI.

How Large is 56 THE DRIVE?

56 THE DRIVE is 238m², which includes one extension, according to the EPC inspection conducted in December 2013. This puts it in the largest 10% 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 THE DRIVE lies on this distribution: 97% of detached houses are smaller than 56 THE DRIVE, and 3% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

56 THE DRIVE: Plot and Title Map

56 THE DRIVE sits on a plot of roughly 0.629 of an acre, or 2,544m². The below map shows the location of 56 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 56 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 56 THE DRIVE?

56 THE DRIVE is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 56 on THE DRIVE.