9, GRANGEWOOD DRIVE, BOGNOR REGIS, PO21 4LT - £615,000

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

9 GRANGEWOOD DRIVE is a large detached house of 144m², built sometime between 1991 and 1995. It was last sold for £615,000 in March 2021, which was around 28% above the average March 2021 detached price in the Arun local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was C.

9 GRANGEWOOD DRIVE Sold Prices

Land registry data shows three sales for 9 GRANGEWOOD 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 9 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
2021 10 MAR	£615,000	£481,909	28% above HPI
2015 12 AUG	£475,000	£387,207	23% above HPI
1999 25 MAY	£180,000	£130,641	38% above HPI

9 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 three 9 GRANGEWOOD DRIVE sales between May 1999 and March 2021 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 2015 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the March 2021 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is 9 GRANGEWOOD DRIVE?

9 GRANGEWOOD DRIVE is 144m² according to the EPC inspection conducted in May 2019. 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 9 GRANGEWOOD DRIVE lies on this distribution: 73% of detached houses are smaller than 9 GRANGEWOOD DRIVE, and 26% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

9 GRANGEWOOD DRIVE: Plot and Title Map

9 GRANGEWOOD DRIVE sits on a plot of roughly 0.184 of an acre, or 746m². The below map shows the location of 9 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 9 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 9 GRANGEWOOD DRIVE?

9 GRANGEWOOD DRIVE is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 9 on GRANGEWOOD DRIVE.