GRAMERCY, VICARAGE ROAD, CRAWLEY DOWN, CRAWLEY, RH10 4JJ - £625,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

GRAMERCY is a midsized extended detached house of 123m², built sometime between 1930 and 1949. It was last sold for £625,000 in January 2021, which was about the average January 2021 detached price in the Mid Sussex local authority area. The most recent EPC inspection was January 2020, where the current energy rating was C, and the potential energy rating was B.

GRAMERCY Sold Prices

Land registry data shows four sales for GRAMERCY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Mid Sussex local authority area for the corresponding sale date. The four GRAMERCY sales were a mix of roughly equal to the average price, and above 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
2021 29 JAN	£625,000	£626,620	Close to HPI
2013 4 JAN	£450,000	£429,107	5% above HPI
1999 3 SEP	£230,000	£201,095	14% above HPI
1997 29 AUG	£175,000	£147,233	19% above HPI

GRAMERCY 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 four GRAMERCY sales between August 1997 and January 2021 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 January 2013 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the January 2021 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is GRAMERCY?

GRAMERCY is 123m², which includes one extension, according to the EPC inspection conducted in January 2020. This puts it in the smallest 50% 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 GRAMERCY lies on this distribution: 45% of detached houses are smaller than GRAMERCY, and 55% of houses are larger. Note that EPC data is not available for all properties in Crawley Down.

GRAMERCY: Plot and Title Map

GRAMERCY sits on a plot of roughly 0.188 of an acre, or 760m². The below map shows the location of GRAMERCY, 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 GRAMERCY). 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 GRAMERCY?

GRAMERCY is located on VICARAGE ROAD in CRAWLEY DOWN, in the RH10 postcode district. The below map shows the position of GRAMERCY on VICARAGE ROAD.