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 NORMANS DRIVE is a very large extended detached house of 162m², built sometime between 1950 and 1966. It was last sold for £607,000 in July 2022, which was around 10% above the average July 2022 detached price in the Arun local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 7 NORMANS DRIVE since 1st 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. One of the two 7 NORMANS DRIVE sales was for above the average price, whilst the other was 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 14 JUL | £607,000 | £552,284 | 10% above HPI |
1995 31 MAR | £63,000 | £92,586 | 32% below HPI |
The below graph shows the average detached house price in the Arun local authority area over time, sourced from the HPI. The two 7 NORMANS DRIVE sales from March 1995 and July 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 March 1995 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the July 2022 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.
7 NORMANS DRIVE is 162m², which includes three extensions, according to the EPC inspection conducted in February 2022. 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 NORMANS DRIVE lies on this distribution: 83% of detached houses are smaller than 7 NORMANS DRIVE, and 17% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.
7 NORMANS DRIVE sits on a plot of roughly 0.136 of an acre, or 549m². The below map shows the location of 7 NORMANS 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 NORMANS 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.
7 NORMANS DRIVE is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 7 on NORMANS DRIVE.