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 SILVER BIRCH DRIVE is a midsized extended detached house of 118m², built sometime between 1996 and 2002. It was last sold for £352,500 in July 2015, which was around 9% below the average July 2015 detached price in the Arun local authority area. The most recent EPC inspection was September 2015, where the current energy rating was E, and the potential energy rating was D.
Land registry data shows three sales for 7 SILVER BIRCH DRIVE since 1st 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. Two of the three 7 SILVER BIRCH DRIVE sales were for below the average price, whilst one was 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 |
---|---|---|---|
2015 15 JUL | £352,500 | £388,324 | 9% below HPI |
2013 2 AUG | £308,000 | £338,782 | 9% below HPI |
1997 30 MAY | £112,995 | £106,097 | 7% above HPI |
The below graph shows the average detached house price in the Arun local authority area over time, sourced from the HPI. The three 7 SILVER BIRCH DRIVE sales between May 1997 and July 2015 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 August 2013 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the July 2015 sale, which was also at 9% below the HPI.
7 SILVER BIRCH DRIVE is 118m², which includes one extension, according to the EPC inspection conducted in September 2015. This puts it in the largest 50% 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 SILVER BIRCH DRIVE lies on this distribution: 55% of detached houses are smaller than 7 SILVER BIRCH DRIVE, and 44% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.
7 SILVER BIRCH DRIVE sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of 7 SILVER BIRCH 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 SILVER BIRCH 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 SILVER BIRCH DRIVE is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 7 on SILVER BIRCH DRIVE.