38, LEONORA DRIVE, BOGNOR REGIS, PO21 3NH - £275,000

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.

38 LEONORA DRIVE is a very small semi-detached house of 60m², built sometime between 1950 and 1966, which could now be worth an estimated £323,297. It was last sold for £275,000 in November 2018, which was around 8% below the average November 2018 semi-detached price in the Arun local authority area. The most recent EPC inspection was December 2013, where the current energy rating was D, and the potential energy rating was B.

38 LEONORA DRIVE Sold Prices

Land registry data shows three sales for 38 LEONORA DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Arun local authority area for the corresponding sale date. All of the three 38 LEONORA 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
2018 27 NOV	£275,000	£299,559	8% below HPI
2006 15 MAR	£172,000	£192,893	11% below HPI
1996 24 MAY	£60,000	£61,521	2% below HPI

38 LEONORA DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Arun local authority area over time, sourced from the HPI. The three 38 LEONORA DRIVE sales between May 1996 and November 2018 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 March 2006 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the November 2018 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 38 LEONORA DRIVE be worth now?

38 LEONORA DRIVE might now be worth an estimated £323,297.

This is based on house price inflation of 17.6%, between November 2018 and June 2025, for semi-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 17.6% inflationary increase is applied to the most recent sale price for 38 LEONORA DRIVE of £275,000 on 27th November 2018. For the value to have increased from £275,000 to £323,297 over the seven years and five months to June 2025, the following assumptions must hold true:

• The value of 38 LEONORA DRIVE has moved in line with the HPI for semi-detached houses in the Arun local authority area.
• The November 2018 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 38 LEONORA DRIVE has not materially changed since November 2018.

How Large is 38 LEONORA DRIVE?

38 LEONORA DRIVE is 60m² according to the EPC inspection conducted in December 2013. This puts it in the smallest 10% of semi-detached houses houses in Bognor Regis, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Bognor Regis, and where 38 LEONORA DRIVE lies on this distribution: 3% of semi-detached houses houses are smaller than 38 LEONORA DRIVE, and 97% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

38 LEONORA DRIVE: Plot and Title Map

38 LEONORA DRIVE sits on a plot of roughly 0.083 of an acre, or 336m². The below map shows the location of 38 LEONORA 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 38 LEONORA 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 38 LEONORA DRIVE?

38 LEONORA DRIVE is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 38 on LEONORA DRIVE.