2, EDWARD PLACE, WORTH, CRAWLEY, RH10 7ZE - £600,000

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.

2 EDWARD PLACE is a midsized detached house of 114m², which could now be worth an estimated £696,798. It was last sold for £600,000 in February 2020, which was around 7% above the average February 2020 detached price in the Crawley local authority area. The most recent EPC inspection was August 2016, where the current energy rating was B, and the potential energy rating was A.

2 EDWARD PLACE Sold Prices

Land registry data shows two sales for 2 EDWARD PLACE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Crawley local authority area for the corresponding sale date. Both of the two 2 EDWARD PLACE 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
2020 5 FEB	£600,000	£562,600	7% above HPI
2016 13 OCT	£590,000	£539,014	9% above HPI

2 EDWARD PLACE 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 two 2 EDWARD PLACE sales from October 2016 and February 2020 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 2016 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the February 2020 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 2 EDWARD PLACE be worth now?

2 EDWARD PLACE might now be worth an estimated £696,798.

This is based on house price inflation of 16.1%, between February 2020 and February 2025, for detached 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 16.1% inflationary increase is applied to the most recent sale price for 2 EDWARD PLACE of £600,000 on 5th February 2020. For the value to have increased from £600,000 to £696,798 over the five years to February 2025, the following assumptions must hold true:

• The value of 2 EDWARD PLACE has moved in line with the HPI for detached houses in the Crawley local authority area.
• The February 2020 sale price of £600,000 represented a fair market value for the property.
• The size, condition, and specification of 2 EDWARD PLACE has not materially changed since February 2020.

How Large is 2 EDWARD PLACE?

2 EDWARD PLACE is 114m² according to the EPC inspection conducted in August 2016. This puts it in the smallest 50% of detached houses houses in Crawley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Crawley, and where 2 EDWARD PLACE lies on this distribution: 48% of detached houses houses are smaller than 2 EDWARD PLACE, and 51% of houses are larger. Note that EPC data is not available for all properties in Crawley.

2 EDWARD PLACE: Plot and Title Map

2 EDWARD PLACE sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 2 EDWARD PLACE, 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 2 EDWARD PLACE). 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 2 EDWARD PLACE?

2 EDWARD PLACE is located in WORTH, in the RH10 postcode district. The below map shows the position of No. 2 on EDWARD PLACE.