7, OXFORD DRIVE, BOGNOR REGIS, PO21 5QT - £250,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7 OXFORD DRIVE is a small extended detached house of 100m², built sometime between 1950 and 1966, which could now be worth an estimated £483,574. It was last sold for £250,000 in August 2009, which was around 16% below the average August 2009 detached price in the Arun local authority area. The most recent EPC inspection was July 2009, where the current energy rating was D, and the potential energy rating was C.

7 OXFORD DRIVE Sold Prices

Land registry data shows two sales for 7 OXFORD 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 OXFORD 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
2009 26 AUG	£250,000	£297,114	16% below HPI
1999 22 JAN	£99,000	£136,430	27% below HPI

7 OXFORD 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 OXFORD DRIVE sales from January 1999 and August 2009 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 January 1999 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the August 2009 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 7 OXFORD DRIVE be worth now?

7 OXFORD DRIVE might now be worth an estimated £483,574.

This is based on house price inflation of 93.4%, between August 2009 and February 2025, for detached houses, in the Arun local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 93.4% inflationary increase is applied to the most recent sale price for 7 OXFORD DRIVE of £250,000 on 26th August 2009. For the value to have increased from £250,000 to £483,574 over the sixteen years and six months to February 2025, the following assumptions must hold true:

• The value of 7 OXFORD DRIVE has moved in line with the HPI for detached houses in the Arun local authority area.
• The August 2009 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 7 OXFORD DRIVE has not materially changed since August 2009.

How Large is 7 OXFORD DRIVE?

7 OXFORD DRIVE is 100m², which includes one extension, according to the EPC inspection conducted in July 2009. This puts it in the smallest 40% of detached houses houses in Bognor Regis, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bognor Regis, and where 7 OXFORD DRIVE lies on this distribution: 38% of detached houses houses are smaller than 7 OXFORD DRIVE, and 62% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

7 OXFORD DRIVE: Plot and Title Map

7 OXFORD DRIVE sits on a plot of roughly 0.176 of an acre, or 714m². The below map shows the location of 7 OXFORD 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 OXFORD 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 OXFORD DRIVE?

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