12, SILVER LANE, PURLEY, CR8 3HG - £2,900,000

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.

12 SILVER LANE is a very large extended detached house of 573m², built sometime between 1900 and 1929, which could now be worth an estimated £3,178,509. It was last sold for £2,900,000 in July 2019, which was around 269% above the average July 2019 detached price in the Croydon local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was C.

12 SILVER LANE Sold Prices

Land registry data shows two sales for 12 SILVER LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Croydon local authority area for the corresponding sale date. Both of the two 12 SILVER LANE 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 10 JUL	£2,900,000	£784,871	269% above HPI
2011 5 APR	£3,000,000	£465,471	545% above HPI

12 SILVER LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Croydon local authority area over time, sourced from the HPI. The two 12 SILVER LANE sales from April 2011 and July 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 April 2011 sale was for 545% above the HPI. So the extrapolation line tracks at 545% above the HPI over time, until the July 2019 sale, where it falls to 269% above the HPI. The line then continues to track at 269% above the HPI.

What might 12 SILVER LANE be worth now?

12 SILVER LANE might now be worth an estimated £3,178,509.

This is based on house price inflation of 9.6%, between July 2019 and February 2025, for detached houses, in the Croydon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 9.6% inflationary increase is applied to the most recent sale price for 12 SILVER LANE of £2,900,000 on 10th July 2019. For the value to have increased from £2,900,000 to £3,178,509 over the six years and five months to February 2025, the following assumptions must hold true:

• The value of 12 SILVER LANE has moved in line with the HPI for detached houses in the Croydon local authority area.
• The July 2019 sale price of £2,900,000 represented a fair market value for the property.
• The size, condition, and specification of 12 SILVER LANE has not materially changed since July 2019.

How Large is 12 SILVER LANE?

12 SILVER LANE is 573m², which includes four extensions, according to the EPC inspection conducted in June 2015. This puts it in the largest 10% of detached houses houses in Purley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Purley, and where 12 SILVER LANE lies on this distribution: 99% of detached houses houses are smaller than 12 SILVER LANE, and 1% of houses are larger. Note that EPC data is not available for all properties in Purley.

12 SILVER LANE: Plot and Title Map

12 SILVER LANE sits on a plot of roughly 1.1 acres, or 4,550m². The below map shows the location of 12 SILVER LANE, 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 12 SILVER LANE). 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 12 SILVER LANE?

12 SILVER LANE is located in PURLEY, in the CR8 postcode district. The below map shows the position of No. 12 on SILVER LANE.