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
25 LARCHES WAY is a very small detached house of 87m², built sometime between 1950 and 1966. It was last sold for £480,000 in April 2024, which was around 31% below the average April 2024 detached price in the Mid Sussex local authority area. The most recent EPC inspection was May 2022, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows two sales for 25 LARCHES WAY since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Mid Sussex local authority area for the corresponding sale date. Both of the two 25 LARCHES 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 |
---|---|---|---|
2024 12 APR | £480,000 | £699,907 | 31% below HPI |
2022 7 OCT | £512,500 | £713,896 | 28% below HPI |
The below graph shows the average detached house price in the Mid Sussex local authority area over time, sourced from the HPI. The two 25 LARCHES WAY sales from October 2022 and April 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 October 2022 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the April 2024 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.
25 LARCHES WAY is 87m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 20% of detached houses in Crawley Down, based on EPC data. The below chart shows the distribution of detached houses by size in Crawley Down, and where 25 LARCHES WAY lies on this distribution: 11% of detached houses are smaller than 25 LARCHES WAY, and 89% of houses are larger. Note that EPC data is not available for all properties in Crawley Down.
25 LARCHES WAY sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of 25 LARCHES 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 25 LARCHES 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.
25 LARCHES WAY is located in CRAWLEY DOWN, in the RH10 postcode district. The below map shows the position of No. 25 on LARCHES WAY.