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 WILLIAM MORRIS WAY is a very small detached house of 77m², built sometime between 1991 and 1995. It was last sold for £218,500 in February 2008, which was around 41% below the average February 2008 detached price in the Crawley local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 2 WILLIAM MORRIS WAY since 1st 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 WILLIAM MORRIS WAY 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 |
---|---|---|---|
2008 5 FEB | £218,500 | £369,108 | 41% below HPI |
2003 28 NOV | £182,000 | £317,655 | 43% below HPI |
1999 6 AUG | £91,950 | £175,073 | 47% below HPI |
1997 30 JAN | £77,500 | £114,607 | 32% below HPI |
The below graph shows the average detached house price in the Crawley local authority area over time, sourced from the HPI. The four 2 WILLIAM MORRIS WAY sales between January 1997 and February 2008 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 November 2003 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the February 2008 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.
2 WILLIAM MORRIS WAY is 77m² according to the EPC inspection conducted in January 2022. This puts it in the smallest 10% 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 WILLIAM MORRIS WAY lies on this distribution: 5% of detached houses are smaller than 2 WILLIAM MORRIS WAY, and 95% of houses are larger. Note that EPC data is not available for all properties in Crawley.
2 WILLIAM MORRIS WAY sits on a plot of roughly 0.109 of an acre, or 442m². The below map shows the location of 2 WILLIAM MORRIS WAY, 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 WILLIAM MORRIS WAY). 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.
2 WILLIAM MORRIS WAY is located in CRAWLEY, in the RH11 postcode district. The below map shows the position of No. 2 on WILLIAM MORRIS WAY.