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

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.

GRAMERCY is a midsized extended detached house of 123m², built sometime between 1930 and 1949, which could now be worth an estimated £728,738. It was last sold for £625,000 in January 2021, which was around 3% below 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. Most of the four GRAMERCY sales were for 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	£641,188	3% below HPI
2013 4 JAN	£450,000	£439,083	2% above HPI
1999 3 SEP	£230,000	£205,770	12% above HPI
1997 29 AUG	£175,000	£150,656	16% 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 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the January 2021 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might GRAMERCY be worth now?

GRAMERCY might now be worth an estimated £728,738.

This is based on house price inflation of 16.6%, between January 2021 and February 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 16.6% inflationary increase is applied to the most recent sale price for GRAMERCY of £625,000 on 29th January 2021. For the value to have increased from £625,000 to £728,738 over the three years and eleven months to February 2025, the following assumptions must hold true:

• The value of GRAMERCY has moved in line with the HPI for detached houses in the Mid Sussex local authority area.
• The January 2021 sale price of £625,000 represented a fair market value for the property.
• The size, condition, and specification of GRAMERCY has not materially changed since January 2021.

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 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 GRAMERCY lies on this distribution: 44% of detached houses 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.