2, FURZE HILL, PURLEY, CR8 3LA - £2,250,000

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.

2 FURZE HILL is a very large extended detached house of 413m², built sometime between 1900 and 1929, which could now be worth an estimated £2,428,829. It was last sold for £2,250,000 in August 2017, which was around 182% above the average August 2017 detached price in the Croydon local authority area. The most recent EPC inspection was September 2016, where the current energy rating was E, and the potential energy rating was C.

2 FURZE HILL Sold Prices

Land registry data shows three sales for 2 FURZE HILL since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Croydon local authority area for the corresponding sale date. All of the three 2 FURZE HILL 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
2017 10 AUG	£2,250,000	£796,910	182% above HPI
2011 30 MAR	£1,200,000	£465,293	158% above HPI
1997 14 FEB	£460,000	£162,012	184% above HPI

2 FURZE HILL 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 three 2 FURZE HILL sales between February 1997 and August 2017 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 March 2011 sale was for 158% above the HPI. So the extrapolation line tracks at 158% above the HPI over time, until the August 2017 sale, where it rises to 182% above the HPI. The line then continues to track at 182% above the HPI.

What might 2 FURZE HILL be worth now?

2 FURZE HILL might now be worth an estimated £2,428,829.

This is based on house price inflation of 7.9%, between August 2017 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 7.9% inflationary increase is applied to the most recent sale price for 2 FURZE HILL of £2,250,000 on 10th August 2017. For the value to have increased from £2,250,000 to £2,428,829 over the eight years and six months to February 2025, the following assumptions must hold true:

• The value of 2 FURZE HILL has moved in line with the HPI for detached houses in the Croydon local authority area.
• The August 2017 sale price of £2,250,000 represented a fair market value for the property.
• The size, condition, and specification of 2 FURZE HILL has not materially changed since August 2017.

How Large is 2 FURZE HILL?

2 FURZE HILL is 413m², which includes one extension, according to the EPC inspection conducted in September 2016. 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 2 FURZE HILL lies on this distribution: 96% of detached houses houses are smaller than 2 FURZE HILL, and 4% of houses are larger. Note that EPC data is not available for all properties in Purley.

2 FURZE HILL: Plot and Title Map

2 FURZE HILL sits on a plot of roughly 1.3 acres, or 5,294m². The below map shows the location of 2 FURZE HILL, 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 FURZE HILL). 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 FURZE HILL?

2 FURZE HILL is located in PURLEY, in the CR8 postcode district. The below map shows the position of No. 2 on FURZE HILL.