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

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.

CHERRY LODGE is a small detached house of 97m², built sometime between 1991 and 1995, which could now be worth an estimated £504,780. It was last sold for £424,000 in April 2018, which was around 30% 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	£609,141	30% below HPI
2013 15 JUL	£340,000	£444,606	24% 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 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the April 2018 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might CHERRY LODGE be worth now?

CHERRY LODGE might now be worth an estimated £504,780.

This is based on house price inflation of 19.1%, between April 2018 and March 2025, for detached houses, in the Mid Sussex local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19.1% inflationary increase is applied to the most recent sale price for CHERRY LODGE of £424,000 on 6th April 2018. For the value to have increased from £424,000 to £504,780 over the seven years and one month to March 2025, the following assumptions must hold true:

• The value of CHERRY LODGE has moved in line with the HPI for detached houses in the Mid Sussex local authority area.
• The April 2018 sale price of £424,000 represented a fair market value for the property.
• The size, condition, and specification of CHERRY LODGE has not materially changed since April 2018.

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 houses in Crawley Down, based on EPC data. The below chart shows the distribution of detached houses houses by size in Crawley Down, and where CHERRY LODGE lies on this distribution: 21% of detached houses houses are smaller than CHERRY LODGE, and 78% 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.