8, SOUTHDEAN DRIVE, BOGNOR REGIS, PO22 7SX - £450,000

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

8 SOUTHDEAN DRIVE is a small detached house of 85m², built sometime between 1967 and 1975. It was last sold for £450,000 in May 2024, which was around 18% below the average May 2024 detached price in the Arun local authority area. The most recent EPC inspection was December 2023, where the current energy rating was D, and the potential energy rating was B.

8 SOUTHDEAN DRIVE Sold Prices

Land registry data shows three sales for 8 SOUTHDEAN 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 8 SOUTHDEAN 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
2024 24 MAY	£450,000	£550,694	18% below HPI
2005 29 JUN	£272,500	£282,191	3% below HPI
1997 25 JUL	£88,500	£108,784	19% below HPI

8 SOUTHDEAN 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 8 SOUTHDEAN DRIVE sales between July 1997 and May 2024 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 June 2005 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the May 2024 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 8 SOUTHDEAN DRIVE?

8 SOUTHDEAN DRIVE is 85m² according to the EPC inspection conducted in December 2023. This puts it in the smallest 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 8 SOUTHDEAN DRIVE lies on this distribution: 23% of detached houses are smaller than 8 SOUTHDEAN DRIVE, and 76% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

8 SOUTHDEAN DRIVE: Plot and Title Map

8 SOUTHDEAN DRIVE sits on a plot of roughly 0.131 of an acre, or 531m². The below map shows the location of 8 SOUTHDEAN 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 8 SOUTHDEAN 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 8 SOUTHDEAN DRIVE?

8 SOUTHDEAN DRIVE is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 8 on SOUTHDEAN DRIVE.