5, FURNACE DRIVE, CRAWLEY, RH10 6HZ - £428,000

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

5 FURNACE DRIVE is a small detached house of 93m², built sometime between 1967 and 1975. It was last sold for £428,000 in January 2022, which was around 29% below the average January 2022 detached price in the Crawley local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was B.

5 FURNACE DRIVE Sold Prices

Land registry data shows two sales for 5 FURNACE DRIVE 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 5 FURNACE DRIVE 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
2022 25 JAN	£428,000	£602,927	29% below HPI
2014 1 JUL	£350,000	£419,978	17% below HPI

5 FURNACE DRIVE 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 5 FURNACE DRIVE sales from July 2014 and January 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 July 2014 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the January 2022 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 5 FURNACE DRIVE?

5 FURNACE DRIVE is 93m² according to the EPC inspection conducted in October 2017. 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 5 FURNACE DRIVE lies on this distribution: 21% of detached houses are smaller than 5 FURNACE DRIVE, and 78% of houses are larger. Note that EPC data is not available for all properties in Crawley.

5 FURNACE DRIVE: Plot and Title Map

5 FURNACE DRIVE sits on a plot of roughly 0.058 of an acre, or 233m². The below map shows the location of 5 FURNACE DRIVE, 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 5 FURNACE DRIVE). 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 5 FURNACE DRIVE?

5 FURNACE DRIVE is located in CRAWLEY, in the RH10 postcode district. The below map shows the position of No. 5 on FURNACE DRIVE.