7, CAMBRIDGE DRIVE, BOGNOR REGIS, PO21 5RJ - £325,000

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

7 CAMBRIDGE DRIVE is a very small detached house of 76m², built sometime between 1967 and 1975. It was last sold for £325,000 in October 2019, which was around 29% below the average October 2019 detached price in the Arun local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was B.

7 CAMBRIDGE DRIVE Sold Prices

Land registry data shows two sales for 7 CAMBRIDGE 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 7 CAMBRIDGE 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
2019 8 OCT	£325,000	£459,143	29% below HPI
2002 5 DEC	£179,950	£245,528	27% below HPI

7 CAMBRIDGE 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 7 CAMBRIDGE DRIVE sales from December 2002 and October 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 2002 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the October 2019 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 7 CAMBRIDGE DRIVE?

7 CAMBRIDGE DRIVE is 76m² according to the EPC inspection conducted in October 2017. This puts it in the smallest 20% 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 7 CAMBRIDGE DRIVE lies on this distribution: 13% of detached houses are smaller than 7 CAMBRIDGE DRIVE, and 86% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

7 CAMBRIDGE DRIVE: Plot and Title Map

7 CAMBRIDGE DRIVE sits on a plot of roughly 0.122 of an acre, or 494m². The below map shows the location of 7 CAMBRIDGE 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 7 CAMBRIDGE 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 7 CAMBRIDGE DRIVE?

7 CAMBRIDGE DRIVE is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 7 on CAMBRIDGE DRIVE.