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

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

2 ALBION CLOSE is a very small detached house of 86m², built sometime between 1991 and 1995. It was last sold for £420,000 in December 2016, which was around 22% 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	£539,547	22% below HPI
2007 18 DEC	£331,950	£367,554	10% below HPI
2003 19 FEB	£244,950	£293,230	16% below HPI
1997 8 JUL	£102,000	£129,539	21% 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 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the December 2016 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

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 in Crawley, based on EPC data. The below chart shows the distribution of detached houses by size in Crawley, and where 2 ALBION CLOSE lies on this distribution: 11% of detached 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.