24, DERWENT DRIVE, PURLEY, CR8 1EQ - £550,000

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.

24 DERWENT DRIVE is a very small semi-detached house of 81m², built sometime between 1930 and 1949, which could now be worth an estimated £591,506. It was last sold for £550,000 in March 2021, which was around 7% above the average March 2021 semi-detached price in the Croydon local authority area. The most recent EPC inspection was August 2012, where the current energy rating was E, and the potential energy rating was B.

24 DERWENT DRIVE Sold Prices

Land registry data shows two sales for 24 DERWENT DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Croydon local authority area for the corresponding sale date. Both of the two 24 DERWENT DRIVE 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
2021 5 MAR	£550,000	£512,681	7% above HPI
2012 26 OCT	£311,000	£291,254	7% above HPI

24 DERWENT DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Croydon local authority area over time, sourced from the HPI. The two 24 DERWENT DRIVE sales from October 2012 and March 2021 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 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the March 2021 sale, which was also at 7% above the HPI.

What might 24 DERWENT DRIVE be worth now?

24 DERWENT DRIVE might now be worth an estimated £591,506.

This is based on house price inflation of 7.5%, between March 2021 and February 2025, for semi-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 7.5% inflationary increase is applied to the most recent sale price for 24 DERWENT DRIVE of £550,000 on 5th March 2021. For the value to have increased from £550,000 to £591,506 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 24 DERWENT DRIVE has moved in line with the HPI for semi-detached houses in the Croydon local authority area.
• The March 2021 sale price of £550,000 represented a fair market value for the property.
• The size, condition, and specification of 24 DERWENT DRIVE has not materially changed since March 2021.

How Large is 24 DERWENT DRIVE?

24 DERWENT DRIVE is 81m² according to the EPC inspection conducted in August 2012. This puts it in the smallest 10% of semi-detached houses houses in London, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in London, and where 24 DERWENT DRIVE lies on this distribution: 8% of semi-detached houses houses are smaller than 24 DERWENT DRIVE, and 92% of houses are larger. Note that EPC data is not available for all properties in London.

24 DERWENT DRIVE: Plot and Title Map

24 DERWENT DRIVE sits on a plot of roughly 0.098 of an acre, or 395m². The below map shows the location of 24 DERWENT DRIVE, 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 24 DERWENT DRIVE). 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 24 DERWENT DRIVE?

24 DERWENT DRIVE is located in PURLEY, in the CR8 postcode district. The below map shows the position of No. 24 on DERWENT DRIVE.