1, PARKER CLOSE, CRAWLEY, RH10 7WT - £317,500

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.

1 PARKER CLOSE is a very small terraced house of 69m², built sometime between 1991 and 1995, which could now be worth an estimated £400,444. It was last sold for £317,500 in August 2019, which was around 15% above the average August 2019 terraced price in the Crawley local authority area. The most recent EPC inspection was March 2017, where the current energy rating was C, and the potential energy rating was B.

1 PARKER CLOSE Sold Prices

Land registry data shows four sales for 1 PARKER CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Crawley local authority area for the corresponding sale date. All of the four 1 PARKER CLOSE 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
2019 8 AUG	£317,500	£275,561	15% above HPI
2019 31 JUL	£340,000	£277,673	22% above HPI
2004 6 AUG	£216,000	£157,852	37% above HPI
1998 28 JAN	£95,000	£63,330	50% above HPI

1 PARKER CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Crawley local authority area over time, sourced from the HPI. The four 1 PARKER CLOSE sales between January 1998 and August 2019 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 2019 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the August 2019 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 1 PARKER CLOSE be worth now?

1 PARKER CLOSE might now be worth an estimated £400,444.

This is based on house price inflation of 26.1%, between August 2019 and April 2026, for terraced houses, in the Crawley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 26.1% inflationary increase is applied to the most recent sale price for 1 PARKER CLOSE of £317,500 on 8th August 2019. For the value to have increased from £317,500 to £400,444 over the seven years and four months to April 2026, the following assumptions must hold true:

• The value of 1 PARKER CLOSE has moved in line with the HPI for terraced houses in the Crawley local authority area.
• The August 2019 sale price of £317,500 represented a fair market value for the property.
• The size, condition, and specification of 1 PARKER CLOSE has not materially changed since August 2019.

How Large is 1 PARKER CLOSE?

1 PARKER CLOSE is 69m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 10% of terraced houses houses in Crawley, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Crawley, and where 1 PARKER CLOSE lies on this distribution: 2% of terraced houses houses are smaller than 1 PARKER CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Crawley.

1 PARKER CLOSE: Plot and Title Map

1 PARKER CLOSE sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 1 PARKER CLOSE, 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 1 PARKER CLOSE). 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 1 PARKER CLOSE?

1 PARKER CLOSE is located in CRAWLEY, in the RH10 postcode district. The below map shows the position of No. 1 on PARKER CLOSE.