5, RACKHAM CLOSE, CRAWLEY, RH11 8TB - £280,000

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 RACKHAM CLOSE is a detached house, which could now be worth an estimated £703,843. It was last sold for £280,000 in June 2002, which was around 5% above the average June 2002 detached price in the Crawley local authority area.

5 RACKHAM CLOSE Sold Prices

Land registry data shows two sales for 5 RACKHAM CLOSE 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 5 RACKHAM 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
2002 13 JUN	£280,000	£265,889	5% above HPI
1997 18 JUN	£151,400	£127,123	19% above HPI

What might 5 RACKHAM CLOSE be worth now?

5 RACKHAM CLOSE might now be worth an estimated £703,843.

This is based on house price inflation of 151.4%, between June 2002 and May 2026, 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 151.4% inflationary increase is applied to the most recent sale price for 5 RACKHAM CLOSE of £280,000 on 13th June 2002. For the value to have increased from £280,000 to £703,843 over the 24 years and one month to May 2026, the following assumptions must hold true:

• The value of 5 RACKHAM CLOSE has moved in line with the HPI for detached houses in the Crawley local authority area.
• The June 2002 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 5 RACKHAM CLOSE has not materially changed since June 2002.

Where is 5 RACKHAM CLOSE?

5 RACKHAM CLOSE is located in CRAWLEY, in the RH11 postcode district.