2, SPRING CLOSE, CRAWLEY, RH11 8SZ - £322,500

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.

2 SPRING CLOSE is a very small terraced house of 76m², built sometime between 2003 and 2006, which could now be worth an estimated £406,750. It was last sold for £322,500 in August 2019, which was around 17% above the average August 2019 terraced price in the Crawley local authority area. The most recent EPC inspection was September 2013, where the current energy rating was C, and the potential energy rating was B.

2 SPRING CLOSE Sold Prices

Land registry data shows two sales for 2 SPRING CLOSE 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. Both of the two 2 SPRING 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 23 AUG	£322,500	£275,561	17% above HPI
2005 20 SEP	£220,000	£160,077	37% above HPI

2 SPRING 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 two 2 SPRING CLOSE sales from September 2005 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 September 2005 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the August 2019 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 2 SPRING CLOSE be worth now?

2 SPRING CLOSE might now be worth an estimated £406,750.

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 2 SPRING CLOSE of £322,500 on 23rd August 2019. For the value to have increased from £322,500 to £406,750 over the seven years and four months to April 2026, the following assumptions must hold true:

• The value of 2 SPRING CLOSE has moved in line with the HPI for terraced houses in the Crawley local authority area.
• The August 2019 sale price of £322,500 represented a fair market value for the property.
• The size, condition, and specification of 2 SPRING CLOSE has not materially changed since August 2019.

How Large is 2 SPRING CLOSE?

2 SPRING CLOSE is 76m² according to the EPC inspection conducted in September 2013. 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 2 SPRING CLOSE lies on this distribution: 4% of terraced houses houses are smaller than 2 SPRING CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Crawley.

2 SPRING CLOSE: Plot and Title Map

2 SPRING CLOSE sits on a plot of roughly 0.025 of an acre, or 101m². The below map shows the location of 2 SPRING 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 2 SPRING 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 2 SPRING CLOSE?

2 SPRING CLOSE is located in CRAWLEY, in the RH11 postcode district. The below map shows the position of No. 2 on SPRING CLOSE.