28, FURZE LANE, PURLEY, CR8 3EG - £1,300,000

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

28 FURZE LANE is a very large extended detached house of 390m², built sometime between 1930 and 1949. It was last sold for £1,300,000 in March 2021, which was around 66% above the average March 2021 detached price in the Croydon local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was C.

28 FURZE LANE Sold Prices

Land registry data shows three sales for 28 FURZE LANE 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 28 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
2021 25 MAR	£1,300,000	£783,231	66% above HPI
2006 16 MAY	£750,000	£401,588	87% above HPI
2001 2 NOV	£377,000	£303,834	24% above HPI

28 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 three 28 FURZE LANE sales between November 2001 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 May 2006 sale was for 87% above the HPI. So the extrapolation line tracks at 87% above the HPI over time, until the March 2021 sale, where it falls to 66% above the HPI. The line then continues to track at 66% above the HPI.

How Large is 28 FURZE LANE?

28 FURZE LANE is 390m², which includes two extensions, according to the EPC inspection conducted in September 2020. 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 28 FURZE LANE lies on this distribution: 95% of detached houses are smaller than 28 FURZE LANE, and 5% of houses are larger. Note that EPC data is not available for all properties in Purley.

28 FURZE LANE: Plot and Title Map

28 FURZE LANE sits on a plot of roughly 0.342 of an acre, or 1,383m². The below map shows the location of 28 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 28 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 28 FURZE LANE?

28 FURZE LANE is located in PURLEY, in the CR8 postcode district. The below map shows the position of No. 28 on FURZE LANE.