2, WARNER CLOSE, MAIDENBOWER, CRAWLEY, RH10 7LX - £418,000

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 WARNER CLOSE is a small detached house of 97m², built sometime between 1996 and 2002, which could now be worth an estimated £485,436. It was last sold for £418,000 in February 2020, which was around 26% below the average February 2020 detached price in the Crawley local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was B.

2 WARNER CLOSE Sold Prices

Land registry data shows three sales for 2 WARNER 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 WARNER 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
2020 21 FEB	£418,000	£562,600	26% below HPI
2012 26 OCT	£282,500	£357,507	21% below HPI
1997 21 NOV	£128,950	£140,044	8% below HPI

2 WARNER 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 WARNER CLOSE sales between November 1997 and February 2020 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 October 2012 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the February 2020 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 2 WARNER CLOSE be worth now?

2 WARNER CLOSE might now be worth an estimated £485,436.

This is based on house price inflation of 16.1%, between February 2020 and February 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 16.1% inflationary increase is applied to the most recent sale price for 2 WARNER CLOSE of £418,000 on 21st February 2020. For the value to have increased from £418,000 to £485,436 over the five years to February 2025, the following assumptions must hold true:

• The value of 2 WARNER CLOSE has moved in line with the HPI for detached houses in the Crawley local authority area.
• The February 2020 sale price of £418,000 represented a fair market value for the property.
• The size, condition, and specification of 2 WARNER CLOSE has not materially changed since February 2020.

How Large is 2 WARNER CLOSE?

2 WARNER CLOSE is 97m² according to the EPC inspection conducted in May 2012. This puts it in the smallest 30% 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 WARNER CLOSE lies on this distribution: 26% of detached houses houses are smaller than 2 WARNER CLOSE, and 73% of houses are larger. Note that EPC data is not available for all properties in Crawley.

2 WARNER CLOSE: Plot and Title Map

2 WARNER CLOSE sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of 2 WARNER 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 WARNER 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 WARNER CLOSE?

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