11, LEDRA DRIVE, BOGNOR REGIS, PO21 4PF - £565,000

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.

11 LEDRA DRIVE is a very large extended detached house of 223m², built sometime between 1967 and 1975, which could now be worth an estimated £706,792. It was last sold for £565,000 in June 2017, which was around 27% above the average June 2017 detached price in the Arun local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was C.

11 LEDRA DRIVE Sold Prices

Land registry data shows four sales for 11 LEDRA DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Arun local authority area for the corresponding sale date. Most of the four 11 LEDRA 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
2017 28 JUN	£565,000	£445,043	27% above HPI
2013 13 NOV	£330,000	£357,051	8% below HPI
1995 14 DEC	£125,000	£97,316	28% above HPI
1995 19 MAY	£126,900	£97,118	31% above HPI

11 LEDRA 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 four 11 LEDRA DRIVE sales between May 1995 and June 2017 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 November 2013 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the June 2017 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.

What might 11 LEDRA DRIVE be worth now?

11 LEDRA DRIVE might now be worth an estimated £706,792.

This is based on house price inflation of 25.1%, between June 2017 and June 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 25.1% inflationary increase is applied to the most recent sale price for 11 LEDRA DRIVE of £565,000 on 28th June 2017. For the value to have increased from £565,000 to £706,792 over the eight years to June 2025, the following assumptions must hold true:

• The value of 11 LEDRA DRIVE has moved in line with the HPI for detached houses in the Arun local authority area.
• The June 2017 sale price of £565,000 represented a fair market value for the property.
• The size, condition, and specification of 11 LEDRA DRIVE has not materially changed since June 2017.

How Large is 11 LEDRA DRIVE?

11 LEDRA DRIVE is 223m², which includes two extensions, according to the EPC inspection conducted in August 2016. This puts it in the largest 10% 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 11 LEDRA DRIVE lies on this distribution: 96% of detached houses houses are smaller than 11 LEDRA DRIVE, and 4% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

11 LEDRA DRIVE: Plot and Title Map

11 LEDRA DRIVE sits on a plot of roughly 0.101 of an acre, or 407m². The below map shows the location of 11 LEDRA 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 11 LEDRA 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 11 LEDRA DRIVE?

11 LEDRA DRIVE is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 11 on LEDRA DRIVE.