3, RACKHAM CLOSE, CRAWLEY, RH11 8TB - £525,000

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 RACKHAM CLOSE is a small detached house of 98m², built sometime between 1976 and 1982. It was last sold for £525,000 in May 2022, which was around 14% below the average May 2022 detached price in the Crawley local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was C.

3 RACKHAM CLOSE Sold Prices

Land registry data shows three sales for 3 RACKHAM 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. Two of the three 3 RACKHAM CLOSE sales were for below the average price, whilst one was 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 27 MAY	£525,000	£610,793	14% below HPI
2010 28 MAY	£325,000	£348,256	7% below HPI
2002 28 MAR	£245,000	£242,013	1% above HPI

3 RACKHAM 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 3 RACKHAM CLOSE sales between March 2002 and May 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 May 2010 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the May 2022 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 3 RACKHAM CLOSE?

3 RACKHAM CLOSE is 98m² according to the EPC inspection conducted in April 2022. This puts it in the smallest 30% of detached houses in Crawley, based on EPC data. The below chart shows the distribution of detached houses by size in Crawley, and where 3 RACKHAM CLOSE lies on this distribution: 27% of detached houses are smaller than 3 RACKHAM CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Crawley.

3 RACKHAM CLOSE: Plot and Title Map

3 RACKHAM CLOSE sits on a plot of roughly 0.122 of an acre, or 494m². The below map shows the location of 3 RACKHAM 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 RACKHAM 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 3 RACKHAM CLOSE?

3 RACKHAM CLOSE is located in CRAWLEY, in the RH11 postcode district. The below map shows the position of No. 3 on RACKHAM CLOSE.