2, HODGKIN CLOSE, MAIDENBOWER, CRAWLEY, RH10 7NJ - £445,000

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 HODGKIN CLOSE is a very small detached house of 85m², built sometime between 1991 and 1995. It was last sold for £445,000 in July 2024, which was around 28% below the average July 2024 detached price in the Crawley local authority area. The most recent EPC inspection was February 2023, where the current energy rating was C, and the potential energy rating was B.

2 HODGKIN CLOSE Sold Prices

Land registry data shows three sales for 2 HODGKIN 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 Crawley local authority area for the corresponding sale date. All of the three 2 HODGKIN 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
2024 9 JUL	£445,000	£617,324	28% below HPI
2008 4 JUL	£272,500	£363,197	25% below HPI
1998 30 OCT	£114,950	£155,623	26% below HPI

2 HODGKIN 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 three 2 HODGKIN CLOSE sales between October 1998 and July 2024 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 July 2008 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the July 2024 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 2 HODGKIN CLOSE?

2 HODGKIN CLOSE is 85m² according to the EPC inspection conducted in February 2023. 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 HODGKIN CLOSE lies on this distribution: 11% of detached houses are smaller than 2 HODGKIN CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Crawley.

2 HODGKIN CLOSE: Plot and Title Map

2 HODGKIN CLOSE sits on a plot of roughly 0.058 of an acre, or 235m². The below map shows the location of 2 HODGKIN 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 HODGKIN 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 HODGKIN CLOSE?

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