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 MALHAM CLOSE is a very large detached house of 163m², built sometime between 1991 and 1995. It was last sold for £475,000 in August 2012, which was around 35% above the average August 2012 detached price in the Crawley local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, and the potential energy rating was D.
Land registry data shows four sales for 5 MALHAM CLOSE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Crawley local authority area for the corresponding sale date. All of the four 5 MALHAM 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 |
---|---|---|---|
2012 10 AUG | £475,000 | £351,238 | 35% above HPI |
2007 13 AUG | £475,000 | £368,427 | 29% above HPI |
2001 21 SEP | £300,000 | £244,288 | 23% above HPI |
1996 29 NOV | £190,000 | £114,825 | 65% above HPI |
The below graph shows the average detached house price in the Crawley local authority area over time, sourced from the HPI. The four 5 MALHAM CLOSE sales between November 1996 and August 2012 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 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the August 2012 sale, where it rises to 35% above the HPI. The line then continues to track at 35% above the HPI.
5 MALHAM CLOSE is 163m² according to the EPC inspection conducted in August 2011. This puts it in the largest 20% 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 MALHAM CLOSE lies on this distribution: 87% of detached houses are smaller than 5 MALHAM CLOSE, and 13% of houses are larger. Note that EPC data is not available for all properties in Crawley.
5 MALHAM CLOSE sits on a plot of roughly 0.106 of an acre, or 430m². The below map shows the location of 5 MALHAM 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 5 MALHAM 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.
5 MALHAM CLOSE is located in MAIDENBOWER, in the RH10 postcode district. The below map shows the position of No. 5 on MALHAM CLOSE.