124, RAILEY ROAD, CRAWLEY, RH10 8DB - £325,000

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.

124 RAILEY ROAD is a very small terraced house of 87m², built sometime between 1950 and 1966, which could now be worth an estimated £399,575. It was last sold for £325,000 in December 2019, which was around 16% above the average December 2019 terraced price in the Crawley local authority area. The most recent EPC inspection was January 2014, where the current energy rating was C, and the potential energy rating was B.

124 RAILEY ROAD Sold Prices

Land registry data shows two sales for 124 RAILEY ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Crawley local authority area for the corresponding sale date. One of the two 124 RAILEY ROAD sales was for above the average price, whilst the other was 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
2019 10 DEC	£325,000	£279,015	16% above HPI
2014 7 APR	£125,000	£204,203	39% below HPI

124 RAILEY ROAD 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 two 124 RAILEY ROAD sales from April 2014 and December 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 April 2014 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the December 2019 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 124 RAILEY ROAD be worth now?

124 RAILEY ROAD might now be worth an estimated £399,575.

This is based on house price inflation of 22.9%, between December 2019 and May 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 22.9% inflationary increase is applied to the most recent sale price for 124 RAILEY ROAD of £325,000 on 10th December 2019. For the value to have increased from £325,000 to £399,575 over the seven years and seven months to May 2026, the following assumptions must hold true:

• The value of 124 RAILEY ROAD has moved in line with the HPI for terraced houses in the Crawley local authority area.
• The December 2019 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 124 RAILEY ROAD has not materially changed since December 2019.

How Large is 124 RAILEY ROAD?

124 RAILEY ROAD is 87m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 20% 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 124 RAILEY ROAD lies on this distribution: 12% of terraced houses houses are smaller than 124 RAILEY ROAD, and 87% of houses are larger. Note that EPC data is not available for all properties in Crawley.

124 RAILEY ROAD: Plot and Title Map

124 RAILEY ROAD sits on a plot of roughly 0.067 of an acre, or 273m². The below map shows the location of 124 RAILEY ROAD, 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 124 RAILEY ROAD). 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 124 RAILEY ROAD?

124 RAILEY ROAD is located in CRAWLEY, in the RH10 postcode district. The below map shows the position of No. 124 on RAILEY ROAD.