OCEAN DRIVE, WARREN ROAD, BREAN, BURNHAM-ON-SEA, TA8 2RP - £326,500

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

OCEAN DRIVE is a small extended detached house of 101m², built sometime between 1950 and 1966. It was last sold for £326,500 in May 2015, which was around 10% above the average May 2015 detached price in the Somerset local authority area. The most recent EPC inspection was January 2015, where the current energy rating was E, and the potential energy rating was C.

OCEAN DRIVE Sold Prices

Land registry data shows two sales for OCEAN 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 Somerset local authority area for the corresponding sale date. One of the two OCEAN 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
2015 26 MAY	£326,500	£297,166	10% above HPI
1996 20 OCT	£85,500	£87,059	2% below HPI

OCEAN DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Somerset local authority area over time, sourced from the HPI. The two OCEAN DRIVE sales from October 1996 and May 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 October 1996 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the May 2015 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is OCEAN DRIVE?

OCEAN DRIVE is 101m², which includes two extensions, according to the EPC inspection conducted in January 2015. This puts it in the smallest 40% of detached houses in Brean, based on EPC data. The below chart shows the distribution of detached houses by size in Brean, and where OCEAN DRIVE lies on this distribution: 35% of detached houses are smaller than OCEAN DRIVE, and 65% of houses are larger. Note that EPC data is not available for all properties in Brean.

OCEAN DRIVE: Plot and Title Map

OCEAN DRIVE sits on a plot of roughly 0.309 of an acre, or 1,249m². The below map shows the location of OCEAN 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 OCEAN 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 OCEAN DRIVE?

OCEAN DRIVE is located on WARREN ROAD in BREAN, in the TA8 postcode district. The below map shows the position of OCEAN DRIVE on WARREN ROAD.