5, GATES CLOSE, MAIDENBOWER, CRAWLEY, RH10 7NB - £215,000

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.

5 GATES CLOSE is a very small terraced house of 66m², built sometime between 1996 and 2002, which could now be worth an estimated £437,110. It was last sold for £215,000 in January 2011, which was around 27% above the average January 2011 terraced price in the Crawley local authority area. The most recent EPC inspection was June 2010, where the current energy rating was C, and the potential energy rating was C.

5 GATES CLOSE Sold Prices

Land registry data shows three sales for 5 GATES 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. All of the three 5 GATES 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
2011 17 JAN	£215,000	£168,729	27% above HPI
2001 6 APR	£128,500	£98,608	30% above HPI
1996 22 NOV	£75,000	£51,949	44% above HPI

5 GATES 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 5 GATES CLOSE sales between November 1996 and January 2011 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 2001 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the January 2011 sale, where it falls to 27% above the HPI. The line then continues to track at 27% above the HPI.

What might 5 GATES CLOSE be worth now?

5 GATES CLOSE might now be worth an estimated £437,110.

This is based on house price inflation of 103.3%, between January 2011 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 103.3% inflationary increase is applied to the most recent sale price for 5 GATES CLOSE of £215,000 on 17th January 2011. For the value to have increased from £215,000 to £437,110 over the fourteen years and eight months to May 2026, the following assumptions must hold true:

• The value of 5 GATES CLOSE has moved in line with the HPI for terraced houses in the Crawley local authority area.
• The January 2011 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 5 GATES CLOSE has not materially changed since January 2011.

How Large is 5 GATES CLOSE?

5 GATES CLOSE is 66m² according to the EPC inspection conducted in June 2010. 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 5 GATES CLOSE lies on this distribution: 1% of terraced houses houses are smaller than 5 GATES CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Crawley.

5 GATES CLOSE: Plot and Title Map

5 GATES CLOSE sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 5 GATES 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 5 GATES 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 5 GATES CLOSE?

5 GATES CLOSE is located in MAIDENBOWER, in the RH10 postcode district. The below map shows the position of No. 5 on GATES CLOSE.