2, SHANNON CLOSE, LITTLEHAMPTON, BN17 6PR - £823,000

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.

2 SHANNON CLOSE is a very large extended detached house of 246m², built sometime between 1967 and 1975, which could now be worth an estimated £799,879. It was last sold for £823,000 in December 2022, which was around 39% above the average December 2022 detached price in the Arun local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was C.

2 SHANNON CLOSE Sold Prices

Land registry data shows four sales for 2 SHANNON CLOSE 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 2 SHANNON CLOSE 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
2022 13 DEC	£823,000	£591,318	39% above HPI
2017 7 MAR	£567,000	£447,537	27% above HPI
2001 3 SEP	£287,500	£206,333	39% above HPI
1998 8 MAY	£175,000	£128,574	36% above HPI

2 SHANNON CLOSE 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 2 SHANNON CLOSE sales between May 1998 and December 2022 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 2017 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the December 2022 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.

What might 2 SHANNON CLOSE be worth now?

2 SHANNON CLOSE might now be worth an estimated £799,879.

This is based on house price deflation of 2.8%, between December 2022 and February 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 2.8% deflationary decrease is applied to the most recent sale price for 2 SHANNON CLOSE of £823,000 on 13th December 2022. For the value to have decreased from £823,000 to £799,879 over the three years and ten months to February 2025, the following assumptions must hold true:

• The value of 2 SHANNON CLOSE has moved in line with the HPI for detached houses in the Arun local authority area.
• The December 2022 sale price of £823,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SHANNON CLOSE has not materially changed since December 2022.

How Large is 2 SHANNON CLOSE?

2 SHANNON CLOSE is 246m², which includes three extensions, according to the EPC inspection conducted in October 2015. This puts it in the largest 10% of detached houses houses in Littlehampton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Littlehampton, and where 2 SHANNON CLOSE lies on this distribution: 99% of detached houses houses are smaller than 2 SHANNON CLOSE, and 1% of houses are larger. Note that EPC data is not available for all properties in Littlehampton.

2 SHANNON CLOSE: Plot and Title Map

2 SHANNON CLOSE sits on a plot of roughly 0.173 of an acre, or 702m². The below map shows the location of 2 SHANNON CLOSE, 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 2 SHANNON CLOSE). 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 2 SHANNON CLOSE?

2 SHANNON CLOSE is located in LITTLEHAMPTON, in the BN17 postcode district. The below map shows the position of No. 2 on SHANNON CLOSE.