21, SPENCER STREET, BOGNOR REGIS, PO21 1AN - £200,000

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.

21 SPENCER STREET is a very small detached house of 54m², built sometime between 1991 and 1995, which could now be worth an estimated £210,820. It was last sold for £200,000 in December 2021, which was around 63% below the average December 2021 detached price in the Arun local authority area. The most recent EPC inspection was April 2016, where the current energy rating was C, and the potential energy rating was B.

21 SPENCER STREET Sold Prices

Land registry data shows three sales for 21 SPENCER STREET since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Arun local authority area for the corresponding sale date. All of the three 21 SPENCER STREET 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
2021 2 DEC	£200,000	£545,210	63% below HPI
2005 30 JUN	£155,500	£292,753	47% below HPI
2002 8 APR	£100,000	£212,077	53% below HPI

21 SPENCER STREET 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 three 21 SPENCER STREET sales between April 2002 and December 2021 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 June 2005 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the December 2021 sale, where it falls to 63% below the HPI. The line then continues to track at 63% below the HPI.

What might 21 SPENCER STREET be worth now?

21 SPENCER STREET might now be worth an estimated £210,820.

This is based on house price inflation of 5.4%, between December 2021 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 5.4% inflationary increase is applied to the most recent sale price for 21 SPENCER STREET of £200,000 on 2nd December 2021. For the value to have increased from £200,000 to £210,820 over the four years and ten months to February 2025, the following assumptions must hold true:

• The value of 21 SPENCER STREET has moved in line with the HPI for detached houses in the Arun local authority area.
• The December 2021 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 21 SPENCER STREET has not materially changed since December 2021.

How Large is 21 SPENCER STREET?

21 SPENCER STREET is 54m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 10% of detached houses houses in Bognor Regis, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bognor Regis, and where 21 SPENCER STREET lies on this distribution: 1% of detached houses houses are smaller than 21 SPENCER STREET, and 99% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

21 SPENCER STREET: Plot and Title Map

21 SPENCER STREET sits on a plot of roughly 0.045 of an acre, or 181m². The below map shows the location of 21 SPENCER STREET, 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 21 SPENCER STREET). 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 21 SPENCER STREET?

21 SPENCER STREET is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 21 on SPENCER STREET.