40, SOUTH DRIVE, BOGNOR REGIS, PO22 7PZ - £395,000

40 SOUTH DRIVE is a midsized detached house of 106m², built sometime between 1930 and 1949. It was last sold for £395,000 in April 2015, which was around 3% above the average April 2015 detached price in the Arun local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was C.

40 SOUTH DRIVE Sold Prices

Land registry data shows two sales for 40 SOUTH 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 Arun local authority area for the corresponding sale date. One of the two 40 SOUTH 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 23 APR	£395,000	£382,226	3% above HPI
2006 26 JAN	£225,000	£288,109	22% below HPI

40 SOUTH 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 two 40 SOUTH DRIVE sales from January 2006 and April 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 January 2006 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the April 2015 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 40 SOUTH DRIVE?

40 SOUTH DRIVE is 106m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 50% 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 40 SOUTH DRIVE lies on this distribution: 44% of detached houses are smaller than 40 SOUTH DRIVE, and 55% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

40 SOUTH DRIVE: Plot and Title Map

40 SOUTH DRIVE sits on a plot of roughly 0.196 of an acre, or 793m². The below map shows the location of 40 SOUTH 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 40 SOUTH 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 40 SOUTH DRIVE?

40 SOUTH DRIVE is located in BOGNOR REGIS, in the PO22 postcode district. The below map shows the position of No. 40 on SOUTH DRIVE.