5, RITCHIE CLOSE, MAIDENBOWER, CRAWLEY, RH10 7NA - £463,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 RITCHIE CLOSE is a small detached house of 100m², built sometime between 1991 and 1995, which could now be worth an estimated £528,237. It was last sold for £463,500 in September 2020, which was around 19% below the average September 2020 detached price in the Crawley local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was B.

5 RITCHIE CLOSE Sold Prices

Land registry data shows four sales for 5 RITCHIE CLOSE since 1^st 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 RITCHIE CLOSE 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
2020 4 SEP	£463,500	£573,292	19% below HPI
2007 9 MAY	£303,000	£357,212	15% below HPI
2000 19 APR	£179,950	£198,682	9% below HPI
1997 30 JUN	£115,000	£127,123	10% below HPI

5 RITCHIE 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 four 5 RITCHIE CLOSE sales between June 1997 and September 2020 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 2007 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the September 2020 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 5 RITCHIE CLOSE be worth now?

5 RITCHIE CLOSE might now be worth an estimated £528,237.

This is based on house price inflation of 14%, between September 2020 and February 2025, for detached houses, in the Crawley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 14% inflationary increase is applied to the most recent sale price for 5 RITCHIE CLOSE of £463,500 on 4th September 2020. For the value to have increased from £463,500 to £528,237 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of 5 RITCHIE CLOSE has moved in line with the HPI for detached houses in the Crawley local authority area.
• The September 2020 sale price of £463,500 represented a fair market value for the property.
• The size, condition, and specification of 5 RITCHIE CLOSE has not materially changed since September 2020.

How Large is 5 RITCHIE CLOSE?

5 RITCHIE CLOSE is 100m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 30% of detached houses houses in Crawley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Crawley, and where 5 RITCHIE CLOSE lies on this distribution: 29% of detached houses houses are smaller than 5 RITCHIE CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Crawley.

5 RITCHIE CLOSE: Plot and Title Map

5 RITCHIE CLOSE sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 5 RITCHIE 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 RITCHIE 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 5 RITCHIE CLOSE?

5 RITCHIE CLOSE is located in MAIDENBOWER, in the RH10 postcode district. The below map shows the position of No. 5 on RITCHIE CLOSE.