23, REDWOOD CLOSE, CRAWLEY, RH10 8JL - £252,000

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.

23 REDWOOD CLOSE is a very small terraced house of 70m², built sometime between 1967 and 1975, which could now be worth an estimated £314,945. It was last sold for £252,000 in August 2016, which was around 5% below the average August 2016 terraced price in the Crawley local authority area. The most recent EPC inspection was March 2016, where the current energy rating was F, and the potential energy rating was B.

23 REDWOOD CLOSE Sold Prices

Land registry data shows three sales for 23 REDWOOD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Crawley local authority area for the corresponding sale date. All of the three 23 REDWOOD 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
2016 15 AUG	£252,000	£266,328	5% below HPI
2007 13 SEP	£182,500	£193,145	6% below HPI
1999 12 MAR	£67,950	£69,891	3% below HPI

23 REDWOOD CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Crawley local authority area over time, sourced from the HPI. The three 23 REDWOOD CLOSE sales between March 1999 and August 2016 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 September 2007 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the August 2016 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 23 REDWOOD CLOSE be worth now?

23 REDWOOD CLOSE might now be worth an estimated £314,945.

This is based on house price inflation of 25%, between August 2016 and July 2025, for terraced 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 25% inflationary increase is applied to the most recent sale price for 23 REDWOOD CLOSE of £252,000 on 15th August 2016. For the value to have increased from £252,000 to £314,945 over the nine years and one month to July 2025, the following assumptions must hold true:

• The value of 23 REDWOOD CLOSE has moved in line with the HPI for terraced houses in the Crawley local authority area.
• The August 2016 sale price of £252,000 represented a fair market value for the property.
• The size, condition, and specification of 23 REDWOOD CLOSE has not materially changed since August 2016.

How Large is 23 REDWOOD CLOSE?

23 REDWOOD CLOSE is 70m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 10% of terraced houses houses in Crawley, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Crawley, and where 23 REDWOOD CLOSE lies on this distribution: 2% of terraced houses houses are smaller than 23 REDWOOD CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Crawley.

23 REDWOOD CLOSE: Plot and Title Map

23 REDWOOD CLOSE sits on a plot of roughly 0.025 of an acre, or 100m². The below map shows the location of 23 REDWOOD 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 23 REDWOOD 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 23 REDWOOD CLOSE?

23 REDWOOD CLOSE is located in CRAWLEY, in the RH10 postcode district. The below map shows the position of No. 23 on REDWOOD CLOSE.