2, CRABTREE CLOSE, WICK, LITTLEHAMPTON, BN17 7QX - £290,000

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

2 CRABTREE CLOSE is a small extended detached house of 94m², built sometime between 1991 and 1995. It was last sold for £290,000 in October 2015, which was around 27% below the average October 2015 detached price in the Arun local authority area. The most recent EPC inspection was May 2015, where the current energy rating was C, and the potential energy rating was B.

2 CRABTREE CLOSE Sold Prices

Land registry data shows three sales for 2 CRABTREE CLOSE 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 2 CRABTREE 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
2015 13 OCT	£290,000	£394,663	27% below HPI
2003 17 JUN	£192,000	£260,627	26% below HPI
2001 24 AUG	£150,000	£194,413	23% below HPI

2 CRABTREE CLOSE 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 2 CRABTREE CLOSE sales between August 2001 and October 2015 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 2003 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the October 2015 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 2 CRABTREE CLOSE?

2 CRABTREE CLOSE is 94m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the smallest 40% of detached houses in Wick, based on EPC data. The below chart shows the distribution of detached houses by size in Wick, and where 2 CRABTREE CLOSE lies on this distribution: 35% of detached houses are smaller than 2 CRABTREE CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Wick.

2 CRABTREE CLOSE: Plot and Title Map

2 CRABTREE CLOSE sits on a plot of roughly 0.054 of an acre, or 220m². The below map shows the location of 2 CRABTREE 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 CRABTREE 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 CRABTREE CLOSE?

2 CRABTREE CLOSE is located in WICK, in the BN17 postcode district. The below map shows the position of No. 2 on CRABTREE CLOSE.