4, PROSPECT PLACE, CRAWLEY, RH11 7BA - £395,000

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

4 PROSPECT PLACE is a midsized extended detached house of 119m², built sometime between 1950 and 1966. It was last sold for £395,000 in February 2023, which was around 38% below the average February 2023 detached price in the Crawley local authority area. The most recent EPC inspection was December 2019, where the current energy rating was D, and the potential energy rating was B.

4 PROSPECT PLACE Sold Prices

Land registry data shows two sales for 4 PROSPECT PLACE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Crawley local authority area for the corresponding sale date. Both of the two 4 PROSPECT PLACE 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
2023 27 FEB	£395,000	£637,129	38% below HPI
1999 27 AUG	£123,000	£175,073	30% below HPI

4 PROSPECT PLACE 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 two 4 PROSPECT PLACE sales from August 1999 and February 2023 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 1999 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the February 2023 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 4 PROSPECT PLACE?

4 PROSPECT PLACE is 119m², which includes two extensions, according to the EPC inspection conducted in December 2019. This puts it in the largest 50% of detached houses in Crawley, based on EPC data. The below chart shows the distribution of detached houses by size in Crawley, and where 4 PROSPECT PLACE lies on this distribution: 54% of detached houses are smaller than 4 PROSPECT PLACE, and 45% of houses are larger. Note that EPC data is not available for all properties in Crawley.

4 PROSPECT PLACE: Plot and Title Map

4 PROSPECT PLACE sits on a plot of roughly 0.049 of an acre, or 197m². The below map shows the location of 4 PROSPECT PLACE, 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 4 PROSPECT PLACE). 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 4 PROSPECT PLACE?

4 PROSPECT PLACE is located in CRAWLEY, in the RH11 postcode district. The below map shows the position of No. 4 on PROSPECT PLACE.