12, CAMBRIDGE DRIVE, BOGNOR REGIS, PO21 5RP - £385,000

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

12 CAMBRIDGE DRIVE is a small extended semi-detached house of 98m², built sometime between 1950 and 1966. It was last sold for £385,000 in December 2021, which was around 27% below the average December 2021 detached price in the Arun local authority area. The most recent EPC inspection was November 2018, where the current energy rating was C, and the potential energy rating was B.

12 CAMBRIDGE DRIVE Sold Prices

Land registry data shows four sales for 12 CAMBRIDGE 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. All of the four 12 CAMBRIDGE 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
2021 10 DEC	£385,000	£525,540	27% below HPI
2014 11 SEP	£250,000	£365,612	32% below HPI
2008 8 DEC	£194,000	£292,570	34% below HPI
2006 19 MAY	£217,500	£287,119	24% below HPI

12 CAMBRIDGE 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 12 CAMBRIDGE DRIVE sales between May 2006 and December 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 September 2014 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the December 2021 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 12 CAMBRIDGE DRIVE?

12 CAMBRIDGE DRIVE is 98m², which includes two extensions, according to the EPC inspection conducted in November 2018. This puts it in the smallest 40% 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 12 CAMBRIDGE DRIVE lies on this distribution: 36% of detached houses are smaller than 12 CAMBRIDGE DRIVE, and 63% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

12 CAMBRIDGE DRIVE: Plot and Title Map

12 CAMBRIDGE DRIVE sits on a plot of roughly 0.084 of an acre, or 339m². The below map shows the location of 12 CAMBRIDGE 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 12 CAMBRIDGE 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 12 CAMBRIDGE DRIVE?

12 CAMBRIDGE DRIVE is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 12 on CAMBRIDGE DRIVE.