SPRING COTTAGE, BALCOMBE ROAD, CRAWLEY, RH10 7SY - £610,000

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

SPRING COTTAGE is a very large extended detached house of 154m², built sometime before 1900. It was last sold for £610,000 in June 2024, which was about the average June 2024 detached price in the Crawley local authority area. The most recent EPC inspection was November 2021, where the current energy rating was E, and the potential energy rating was C.

SPRING COTTAGE Sold Prices

Land registry data shows three sales for SPRING COTTAGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Crawley local authority area for the corresponding sale date. The three SPRING COTTAGE 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
2024 28 JUN	£610,000	£609,565	Close to HPI
2016 29 JUL	£530,000	£512,557	3% above HPI
2009 26 JUN	£356,000	£304,497	17% above HPI

SPRING COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Crawley local authority area over time, sourced from the HPI. The three SPRING COTTAGE sales between June 2009 and June 2024 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 2016 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the June 2024 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 SPRING COTTAGE?

SPRING COTTAGE is 154m², which includes three extensions, according to the EPC inspection conducted in November 2021. This puts it in the largest 20% of detached houses in Crawley, based on EPC data. The below chart shows the distribution of detached houses by size in Crawley, and where SPRING COTTAGE lies on this distribution: 84% of detached houses are smaller than SPRING COTTAGE, and 16% of houses are larger. Note that EPC data is not available for all properties in Crawley.

SPRING COTTAGE: Plot and Title Map

SPRING COTTAGE sits on a plot of roughly 0.144 of an acre, or 582m². The below map shows the location of SPRING COTTAGE, 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 SPRING COTTAGE). 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 SPRING COTTAGE?

SPRING COTTAGE is located on BALCOMBE ROAD in CRAWLEY, in the RH10 postcode district. The below map shows the position of SPRING COTTAGE on BALCOMBE ROAD.