15, RACKHAM CLOSE, CRAWLEY, RH11 8TB - £336,500

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.

15 RACKHAM CLOSE is a very small terraced house of 63m², built sometime between 1976 and 1982, which could now be worth an estimated £376,788. It was last sold for £336,500 in May 2022, which was around 8% above the average May 2022 terraced price in the Crawley local authority area. The most recent EPC inspection was December 2020, where the current energy rating was C, and the potential energy rating was B.

15 RACKHAM CLOSE Sold Prices

Land registry data shows three sales for 15 RACKHAM CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Crawley local authority area for the corresponding sale date. The three 15 RACKHAM CLOSE sales were a mix of above the average price, and roughly equal to 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
2022 31 MAY	£336,500	£310,387	8% above HPI
2021 12 FEB	£280,000	£279,814	Close to HPI
2008 7 NOV	£182,000	£166,083	10% above HPI

15 RACKHAM 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 three 15 RACKHAM CLOSE sales between November 2008 and May 2022 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 February 2021 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the May 2022 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 15 RACKHAM CLOSE be worth now?

15 RACKHAM CLOSE might now be worth an estimated £376,788.

This is based on house price inflation of 12%, between May 2022 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 12% inflationary increase is applied to the most recent sale price for 15 RACKHAM CLOSE of £336,500 on 31st May 2022. For the value to have increased from £336,500 to £376,788 over the four years and one month to April 2026, the following assumptions must hold true:

• The value of 15 RACKHAM CLOSE has moved in line with the HPI for terraced houses in the Crawley local authority area.
• The May 2022 sale price of £336,500 represented a fair market value for the property.
• The size, condition, and specification of 15 RACKHAM CLOSE has not materially changed since May 2022.

How Large is 15 RACKHAM CLOSE?

15 RACKHAM CLOSE is 63m² according to the EPC inspection conducted in December 2020. 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 15 RACKHAM CLOSE lies on this distribution: 1% of terraced houses houses are smaller than 15 RACKHAM CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Crawley.

15 RACKHAM CLOSE: Plot and Title Map

15 RACKHAM CLOSE sits on a plot of roughly 0.056 of an acre, or 227m². The below map shows the location of 15 RACKHAM 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 15 RACKHAM 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 15 RACKHAM CLOSE?

15 RACKHAM CLOSE is located in CRAWLEY, in the RH11 postcode district. The below map shows the position of No. 15 on RACKHAM CLOSE.