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
3 CRABTREE CLOSE is a very large extended detached house of 284m², built sometime between 1976 and 1982. It was last sold for £700,000 in December 2022, which was around 23% above the average December 2022 detached price in the Arun local authority area. The most recent EPC inspection was December 2012, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows four sales for 3 CRABTREE CLOSE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Arun local authority area for the corresponding sale date. All of the four 3 CRABTREE CLOSE sales were for above 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 |
---|---|---|---|
2022 9 DEC | £700,000 | £569,985 | 23% above HPI |
2007 31 AUG | £460,000 | £337,588 | 36% above HPI |
2001 15 FEB | £196,000 | £175,861 | 11% above HPI |
1997 27 JUN | £123,000 | £106,826 | 15% above HPI |
The below graph shows the average detached house price in the Arun local authority area over time, sourced from the HPI. The four 3 CRABTREE CLOSE sales between June 1997 and December 2022 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 2007 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the December 2022 sale, where it falls to 23% above the HPI. The line then continues to track at 23% above the HPI.
3 CRABTREE CLOSE is 284m², which includes one extension, according to the EPC inspection conducted in December 2012. This puts it in the largest 10% of detached houses in Wick, based on EPC data. The below chart shows the distribution of detached houses by size in Wick, and where 3 CRABTREE CLOSE lies on this distribution: More than 99% of detached houses are smaller than 3 CRABTREE CLOSE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Wick.
3 CRABTREE CLOSE sits on a plot of roughly 0.233 of an acre, or 942m². The below map shows the location of 3 CRABTREE 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 3 CRABTREE 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.
3 CRABTREE CLOSE is located in WICK, in the BN17 postcode district. The below map shows the position of No. 3 on CRABTREE CLOSE.