7, ELM DRIVE, BOGNOR REGIS, PO22 6JD - £410,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

7 ELM DRIVE is a very large extended detached house of 175m², built sometime between 1983 and 1990. It was last sold for £410,000 in December 2014, which was around 10% above the average December 2014 detached price in the Arun local authority area. The most recent EPC inspection was November 2008, where the current energy rating was D, and the potential energy rating was D.

7 ELM DRIVE Sold Prices

Land registry data shows three sales for 7 ELM DRIVE since 1^st 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 7 ELM 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
2014 12 DEC	£410,000	£373,903	10% above HPI
2000 4 DEC	£182,000	£175,983	3% above HPI
1999 4 JUN	£164,500	£132,420	24% above HPI

7 ELM 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 three 7 ELM DRIVE sales between June 1999 and December 2014 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 2000 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the December 2014 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 7 ELM DRIVE?

7 ELM DRIVE is 175m², which includes two extensions, according to the EPC inspection conducted in November 2008. This puts it in the largest 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 ELM DRIVE lies on this distribution: 87% of detached houses are smaller than 7 ELM DRIVE, and 13% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

7 ELM DRIVE: Plot and Title Map

7 ELM DRIVE sits on a plot of roughly 0.138 of an acre, or 560m². The below map shows the location of 7 ELM 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 ELM 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 ELM DRIVE?

7 ELM DRIVE is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 7 on ELM DRIVE.