2, THE SPINNEY, BOGNOR REGIS, PO21 3RL - £415,000

2 THE SPINNEY is a very large detached house of 157m², built sometime between 1983 and 1990. It was last sold for £415,000 in October 2013, which was around 21% above the average October 2013 detached price in the Arun local authority area. The most recent EPC inspection was September 2012, where the current energy rating was D, and the potential energy rating was C.

2 THE SPINNEY Sold Prices

Land registry data shows two sales for 2 THE SPINNEY 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. Both of the two 2 THE SPINNEY 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
2013 4 OCT	£415,000	£344,285	21% above HPI
1997 20 AUG	£162,000	£112,825	44% above HPI

2 THE SPINNEY 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 2 THE SPINNEY sales from August 1997 and October 2013 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 August 1997 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the October 2013 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is 2 THE SPINNEY?

2 THE SPINNEY is 157m² according to the EPC inspection conducted in September 2012. This puts it in the largest 20% 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 2 THE SPINNEY lies on this distribution: 81% of detached houses are smaller than 2 THE SPINNEY, and 19% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

2 THE SPINNEY: Plot and Title Map

2 THE SPINNEY sits on a plot of roughly 0.166 of an acre, or 671m². The below map shows the location of 2 THE SPINNEY, 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 THE SPINNEY). 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 THE SPINNEY?

2 THE SPINNEY is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 2 on THE SPINNEY.