2, ALBION CLOSE, CRAWLEY, RH10 7WJ - £420,000

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 ALBION CLOSE is a very small detached house of 86m², built sometime between 1991 and 1995, which could now be worth an estimated £507,433. It was last sold for £420,000 in December 2016, which was around 23% below the average December 2016 detached price in the Crawley local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was C.

2 ALBION CLOSE Sold Prices

Land registry data shows four sales for 2 ALBION 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 Crawley local authority area for the corresponding sale date. All of the four 2 ALBION CLOSE 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
2016 6 DEC	£420,000	£546,997	23% below HPI
2007 18 DEC	£331,950	£372,629	11% below HPI
2003 19 FEB	£244,950	£297,279	18% below HPI
1997 8 JUL	£102,000	£131,327	22% below HPI

2 ALBION CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Crawley local authority area over time, sourced from the HPI. The four 2 ALBION CLOSE sales between July 1997 and December 2016 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 December 2007 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the December 2016 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 2 ALBION CLOSE be worth now?

2 ALBION CLOSE might now be worth an estimated £507,433.

This is based on house price inflation of 20.8%, between December 2016 and March 2025, for detached houses, in the Crawley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20.8% inflationary increase is applied to the most recent sale price for 2 ALBION CLOSE of £420,000 on 6th December 2016. For the value to have increased from £420,000 to £507,433 over the nine years and nine months to March 2025, the following assumptions must hold true:

• The value of 2 ALBION CLOSE has moved in line with the HPI for detached houses in the Crawley local authority area.
• The December 2016 sale price of £420,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ALBION CLOSE has not materially changed since December 2016.

How Large is 2 ALBION CLOSE?

2 ALBION CLOSE is 86m² according to the EPC inspection conducted in January 2016. This puts it in the smallest 20% of detached houses houses in Crawley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Crawley, and where 2 ALBION CLOSE lies on this distribution: 11% of detached houses houses are smaller than 2 ALBION CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Crawley.

2 ALBION CLOSE: Plot and Title Map

2 ALBION CLOSE sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of 2 ALBION 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 ALBION 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 ALBION CLOSE?

2 ALBION CLOSE is located in CRAWLEY, in the RH10 postcode district. The below map shows the position of No. 2 on ALBION CLOSE.