2, THE MILLBANK, CRAWLEY, RH11 0JH - £318,000

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 THE MILLBANK is a large extended detached house of 127m², built sometime between 1950 and 1966. It was last sold for £318,000 in October 2012, which was around 10% below the average October 2012 detached price in the Crawley local authority area. The most recent EPC inspection was July 2012, where the current energy rating was F, and the potential energy rating was D.

2 THE MILLBANK Sold Prices

Land registry data shows two sales for 2 THE MILLBANK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Crawley local authority area for the corresponding sale date. Both of the two 2 THE MILLBANK 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
2012 26 OCT	£318,000	£352,638	10% below HPI
2002 16 AUG	£269,950	£273,631	1% below HPI

2 THE MILLBANK 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 two 2 THE MILLBANK sales from August 2002 and October 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 August 2002 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the October 2012 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 2 THE MILLBANK?

2 THE MILLBANK is 127m², which includes one extension, according to the EPC inspection conducted in July 2012. This puts it in the largest 40% 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 THE MILLBANK lies on this distribution: 62% of detached houses are smaller than 2 THE MILLBANK, and 37% of houses are larger. Note that EPC data is not available for all properties in Crawley.

2 THE MILLBANK: Plot and Title Map

2 THE MILLBANK sits on a plot of roughly 0.215 of an acre, or 869m². The below map shows the location of 2 THE MILLBANK, 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 THE MILLBANK). 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 THE MILLBANK?

2 THE MILLBANK is located in CRAWLEY, in the RH11 postcode district. The below map shows the position of No. 2 on THE MILLBANK.