PETRIS, BRICKYARD LANE, CRAWLEY DOWN, CRAWLEY, RH10 4HJ - £437,000

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

PETRIS is a very small detached house of 74m², built sometime between 1930 and 1949. It was last sold for £437,000 in November 2017, which was around 28% below the average November 2017 detached price in the Mid Sussex local authority area. The most recent EPC inspection was April 2010, where the current energy rating was E, and the potential energy rating was C.

PETRIS Sold Prices

Land registry data shows four sales for PETRIS 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. All of the four PETRIS 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
2017 3 NOV	£437,000	£606,321	28% below HPI
2010 4 OCT	£290,000	£426,055	32% below HPI
2003 19 DEC	£290,000	£341,950	15% below HPI
2001 20 JUL	£175,000	£251,773	30% below HPI

PETRIS 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 PETRIS sales between July 2001 and November 2017 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 October 2010 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the November 2017 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is PETRIS?

PETRIS is 74m² according to the EPC inspection conducted in April 2010. This puts it in the smallest 10% 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 PETRIS lies on this distribution: 4% of detached houses are smaller than PETRIS, and 96% of houses are larger. Note that EPC data is not available for all properties in Crawley Down.

PETRIS: Plot and Title Map

PETRIS sits on a plot of roughly 0.130 of an acre, or 527m². The below map shows the location of PETRIS, 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 PETRIS). 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 PETRIS?

PETRIS is located on BRICKYARD LANE in CRAWLEY DOWN, in the RH10 postcode district. The below map shows the position of PETRIS on BRICKYARD LANE.