13, THE CLOSE, PURLEY, CR8 2QD - £570,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

13 THE CLOSE is a small extended detached house of 155m², built sometime between 1996 and 2002, which could now be worth an estimated £606,305. It was last sold for £570,000 in March 2020, which was around 29% below the average March 2020 detached price in the Croydon local authority area. The most recent EPC inspection was June 2024, where the current energy rating was C, and the potential energy rating was B.

13 THE CLOSE Sold Prices

Land registry data shows two sales for 13 THE 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 Croydon local authority area for the corresponding sale date. Both of the two 13 THE CLOSE sales were for below 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 4 MAR	£570,000	£800,496	29% below HPI
2012 10 OCT	£425,000	£476,665	11% below HPI

13 THE CLOSE 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 13 THE CLOSE sales from October 2012 and March 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 2012 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the March 2020 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 13 THE CLOSE be worth now?

13 THE CLOSE might now be worth an estimated £606,305.

This is based on house price inflation of 6.4%, between March 2020 and December 2024, 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 6.4% inflationary increase is applied to the most recent sale price for 13 THE CLOSE of £570,000 on 4th March 2020. For the value to have increased from £570,000 to £606,305 over the three years and three months to December 2024, the following assumptions must hold true:

• The value of 13 THE CLOSE has moved in line with the HPI for detached houses in the Croydon local authority area.
• The March 2020 sale price of £570,000 represented a fair market value for the property.
• The size, condition, and specification of 13 THE CLOSE has not materially changed since March 2020.

How Large is 13 THE CLOSE?

13 THE CLOSE is 155m², which includes two extensions, according to the EPC inspection conducted in June 2024. This puts it in the smallest 40% 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 13 THE CLOSE lies on this distribution: 36% of detached houses houses are smaller than 13 THE CLOSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Purley.

13 THE CLOSE: Plot and Title Map

13 THE CLOSE sits on a plot of roughly 0.124 of an acre, or 501m². The below map shows the location of 13 THE 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 13 THE 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 13 THE CLOSE?

13 THE CLOSE is located in PURLEY, in the CR8 postcode district. The below map shows the position of No. 13 on THE CLOSE.