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

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

9 PARNELL CLOSE is a very small detached house of 91m², built sometime between 1991 and 1995. It was last sold for £475,000 in June 2022, which was around 22% 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	£608,575	22% below HPI
2019 9 JUL	£377,000	£554,926	32% below HPI
2000 23 OCT	£154,000	£225,135	32% 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 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the June 2022 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

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 in Crawley, based on EPC data. The below chart shows the distribution of detached houses by size in Crawley, and where 9 PARNELL CLOSE lies on this distribution: 17% of detached 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 0.061 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.