2, FURZE LANE, PURLEY, CR8 3EG - £1,060,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 FURZE LANE is a very large extended detached house of 336m², built sometime between 1950 and 1966. It was last sold for £1,060,000 in January 2018, which was around 40% above the average January 2018 detached price in the Croydon local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was C.

2 FURZE LANE Sold Prices

Land registry data shows two sales for 2 FURZE 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 2 FURZE 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
2018 30 JAN	£1,060,000	£759,303	40% above HPI
1998 5 AUG	£265,000	£195,252	36% above HPI

2 FURZE 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 2 FURZE LANE sales from August 1998 and January 2018 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 August 1998 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the January 2018 sale, where it rises to 40% above the HPI. The line then continues to track at 40% above the HPI.

How Large is 2 FURZE LANE?

2 FURZE LANE is 336m², which includes three extensions, according to the EPC inspection conducted in September 2017. This puts it in the largest 10% of detached houses in Purley, based on EPC data. The below chart shows the distribution of detached houses by size in Purley, and where 2 FURZE LANE lies on this distribution: 92% of detached houses are smaller than 2 FURZE LANE, and 8% of houses are larger. Note that EPC data is not available for all properties in Purley.

2 FURZE LANE: Plot and Title Map

2 FURZE LANE sits on a plot of roughly 0.369 of an acre, or 1,491m². The below map shows the location of 2 FURZE 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 2 FURZE 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 2 FURZE LANE?

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