12, SPINNEY WALK, BARNHAM, BOGNOR REGIS, PO22 0HR - £415,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

12 SPINNEY WALK is a very small extended detached house of 72m², built sometime between 1967 and 1975. It was last sold for £415,000 in March 2022, which was around 23% below the average March 2022 detached price in the Arun local authority area. The most recent EPC inspection was May 2017, where the current energy rating was C, and the potential energy rating was B.

12 SPINNEY WALK Sold Prices

Land registry data shows two sales for 12 SPINNEY WALK 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 12 SPINNEY WALK 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
2022 16 MAR	£415,000	£540,537	23% below HPI
2015 16 OCT	£265,000	£394,663	33% below HPI

12 SPINNEY WALK 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 12 SPINNEY WALK sales from October 2015 and March 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 October 2015 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the March 2022 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 12 SPINNEY WALK?

12 SPINNEY WALK is 72m², which includes one extension, according to the EPC inspection conducted in May 2017. This puts it in the smallest 10% of detached houses in West Barnham, based on EPC data. The below chart shows the distribution of detached houses by size in West Barnham, and where 12 SPINNEY WALK lies on this distribution: 10% of detached houses are smaller than 12 SPINNEY WALK, and 89% of houses are larger. Note that EPC data is not available for all properties in West Barnham.

12 SPINNEY WALK: Plot and Title Map

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

12 SPINNEY WALK is located in BARNHAM, in the PO22 postcode district. The below map shows the position of No. 12 on SPINNEY WALK.