CHERRY LODGE, HOPHURST DRIVE, CRAWLEY DOWN, CRAWLEY, RH10 4UZ - £424,000

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

CHERRY LODGE is a small detached house of 97m², built sometime between 1991 and 1995. It was last sold for £424,000 in April 2018, which was around 29% below the average April 2018 detached price in the Mid Sussex local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was B.

CHERRY LODGE Sold Prices

Land registry data shows two sales for CHERRY LODGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Mid Sussex local authority area for the corresponding sale date. Both of the two CHERRY LODGE 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
2018 6 APR	£424,000	£595,301	29% below HPI
2013 15 JUL	£340,000	£434,504	22% below HPI

CHERRY LODGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Mid Sussex local authority area over time, sourced from the HPI. The two CHERRY LODGE sales from July 2013 and April 2018 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 2013 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the April 2018 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is CHERRY LODGE?

CHERRY LODGE is 97m² according to the EPC inspection conducted in March 2013. This puts it in the smallest 30% of detached houses in Crawley Down, based on EPC data. The below chart shows the distribution of detached houses by size in Crawley Down, and where CHERRY LODGE lies on this distribution: 22% of detached houses are smaller than CHERRY LODGE, and 77% of houses are larger. Note that EPC data is not available for all properties in Crawley Down.

CHERRY LODGE: Plot and Title Map

CHERRY LODGE sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of CHERRY LODGE, 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 CHERRY LODGE). 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 CHERRY LODGE?

CHERRY LODGE is located on HOPHURST DRIVE in CRAWLEY DOWN, in the RH10 postcode district. The below map shows the position of CHERRY LODGE on HOPHURST DRIVE.