55, THE MILLBANK, CRAWLEY, RH11 0JQ - £587,500

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.

55 THE MILLBANK is a midsized detached house of 124m², built sometime between 1967 and 1975, which could now be worth an estimated £602,795. It was last sold for £587,500 in November 2023, which was around 8% below the average November 2023 detached price in the Crawley local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was B.

55 THE MILLBANK Sold Prices

Land registry data shows two sales for 55 THE MILLBANK 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 55 THE MILLBANK 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 3 NOV	£587,500	£636,786	8% below HPI
2021 21 SEP	£456,150	£582,545	22% below HPI

55 THE MILLBANK 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 55 THE MILLBANK sales from September 2021 and November 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 September 2021 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the November 2023 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 55 THE MILLBANK be worth now?

55 THE MILLBANK might now be worth an estimated £602,795.

This is based on house price inflation of 2.6%, between November 2023 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 2.6% inflationary increase is applied to the most recent sale price for 55 THE MILLBANK of £587,500 on 3rd November 2023. For the value to have increased from £587,500 to £602,795 over the two years and nine months to February 2025, the following assumptions must hold true:

• The value of 55 THE MILLBANK has moved in line with the HPI for detached houses in the Crawley local authority area.
• The November 2023 sale price of £587,500 represented a fair market value for the property.
• The size, condition, and specification of 55 THE MILLBANK has not materially changed since November 2023.

How Large is 55 THE MILLBANK?

55 THE MILLBANK is 124m² according to the EPC inspection conducted in July 2021. This puts it in the largest 40% 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 55 THE MILLBANK lies on this distribution: 59% of detached houses houses are smaller than 55 THE MILLBANK, and 40% of houses are larger. Note that EPC data is not available for all properties in Crawley.

55 THE MILLBANK: Plot and Title Map

55 THE MILLBANK sits on a plot of roughly 0.117 of an acre, or 474m². The below map shows the location of 55 THE MILLBANK, 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 55 THE MILLBANK). 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 55 THE MILLBANK?

55 THE MILLBANK is located in CRAWLEY, in the RH11 postcode district. The below map shows the position of No. 55 on THE MILLBANK.