7, GRANGEWOOD DRIVE, BOGNOR REGIS, PO21 4LT - £705,000

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 GRANGEWOOD DRIVE is a large extended detached house of 150m², built sometime between 1983 and 1990. It was last sold for £705,000 in February 2022, which was around 32% above the average February 2022 detached price in the Arun local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was C.

7 GRANGEWOOD DRIVE Sold Prices

Land registry data shows four sales for 7 GRANGEWOOD DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Arun local authority area for the corresponding sale date. All of the four 7 GRANGEWOOD 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
2022 24 FEB	£705,000	£534,715	32% above HPI
2013 10 DEC	£453,700	£339,636	34% above HPI
2000 27 OCT	£275,000	£176,754	56% above HPI
1998 7 DEC	£187,500	£132,616	41% above HPI

7 GRANGEWOOD 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 four 7 GRANGEWOOD DRIVE sales between December 1998 and February 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 2013 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the February 2022 sale, where it falls to 32% above the HPI. The line then continues to track at 32% above the HPI.

How Large is 7 GRANGEWOOD DRIVE?

7 GRANGEWOOD DRIVE is 150m², which includes one extension, according to the EPC inspection conducted in August 2013. This puts it in the largest 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 7 GRANGEWOOD DRIVE lies on this distribution: 78% of detached houses are smaller than 7 GRANGEWOOD DRIVE, and 22% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

7 GRANGEWOOD DRIVE: Plot and Title Map

7 GRANGEWOOD DRIVE sits on a plot of roughly 0.169 of an acre, or 682m². The below map shows the location of 7 GRANGEWOOD 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 GRANGEWOOD 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 GRANGEWOOD DRIVE?

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