9, PARNELL CLOSE, MAIDENBOWER, CRAWLEY, RH10 7QZ - £475,000

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.

9 PARNELL CLOSE is a very small detached house of 91m², built sometime between 1991 and 1995, which could now be worth an estimated £508,789. It was last sold for £475,000 in June 2022, which was around 23% below the average June 2022 detached price in the Crawley local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was B.

9 PARNELL CLOSE Sold Prices

Land registry data shows three sales for 9 PARNELL CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Crawley local authority area for the corresponding sale date. All of the three 9 PARNELL 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
2022 24 JUN	£475,000	£616,978	23% below HPI
2019 9 JUL	£377,000	£562,588	33% below HPI
2000 23 OCT	£154,000	£228,243	33% below HPI

9 PARNELL 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 three 9 PARNELL CLOSE sales between October 2000 and June 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 2019 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the June 2022 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 9 PARNELL CLOSE be worth now?

9 PARNELL CLOSE might now be worth an estimated £508,789.

This is based on house price inflation of 7.1%, between June 2022 and March 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 7.1% inflationary increase is applied to the most recent sale price for 9 PARNELL CLOSE of £475,000 on 24th June 2022. For the value to have increased from £475,000 to £508,789 over the three years and three months to March 2025, the following assumptions must hold true:

• The value of 9 PARNELL CLOSE has moved in line with the HPI for detached houses in the Crawley local authority area.
• The June 2022 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of 9 PARNELL CLOSE has not materially changed since June 2022.

How Large is 9 PARNELL CLOSE?

9 PARNELL CLOSE is 91m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 20% 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 9 PARNELL CLOSE lies on this distribution: 17% of detached houses houses are smaller than 9 PARNELL CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Crawley.

9 PARNELL CLOSE: Plot and Title Map

9 PARNELL CLOSE sits on a plot of roughly 0.062 of an acre, or 249m². The below map shows the location of 9 PARNELL 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 9 PARNELL 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 9 PARNELL CLOSE?

9 PARNELL CLOSE is located in MAIDENBOWER, in the RH10 postcode district. The below map shows the position of No. 9 on PARNELL CLOSE.