SPINNAKERS, CANONS CLOSE, BOGNOR REGIS, PO21 4EB - £500,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

SPINNAKERS is a very large extended detached house of 166m², built sometime between 1976 and 1982. It was last sold for £500,000 in November 2012, which was around 50% above the average November 2012 detached price in the Arun local authority area. The most recent EPC inspection was September 2010, where the current energy rating was D, and the potential energy rating was D.

SPINNAKERS Sold Prices

Land registry data shows two sales for SPINNAKERS 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 SPINNAKERS 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
2012 29 NOV	£500,000	£333,826	50% above HPI
2000 23 JUN	£240,000	£171,417	40% above HPI

SPINNAKERS 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 SPINNAKERS sales from June 2000 and November 2012 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 2000 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the November 2012 sale, where it rises to 50% above the HPI. The line then continues to track at 50% above the HPI.

How Large is SPINNAKERS?

SPINNAKERS is 166m², which includes two extensions, according to the EPC inspection conducted in September 2010. 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 SPINNAKERS lies on this distribution: 84% of detached houses are smaller than SPINNAKERS, and 16% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

SPINNAKERS: Plot and Title Map

SPINNAKERS sits on a plot of roughly 0.163 of an acre, or 661m². The below map shows the location of SPINNAKERS, 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 SPINNAKERS). 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 SPINNAKERS?

SPINNAKERS is located on CANONS CLOSE in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of SPINNAKERS on CANONS CLOSE.