2A, FURZE LANE, PURLEY, CR8 3EG - £1,150,000

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.

2A FURZE LANE is a very large extended detached house of 316m², built sometime between 1900 and 1929, which could now be worth an estimated £1,242,415. It was last sold for £1,150,000 in December 2017, which was around 44% above the average December 2017 detached price in the Croydon local authority area. The most recent EPC inspection was February 2016, where the current energy rating was E, and the potential energy rating was D.

2A FURZE LANE Sold Prices

Land registry data shows three sales for 2A 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 2A 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
2017 21 DEC	£1,150,000	£796,260	44% above HPI
2017 23 MAR	£1,195,000	£783,953	52% above HPI
2009 29 JUL	£795,000	£412,733	93% above HPI

2A 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 2A FURZE LANE sales between July 2009 and December 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 2017 sale was for 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the December 2017 sale, where it falls to 44% above the HPI. The line then continues to track at 44% above the HPI.

What might 2A FURZE LANE be worth now?

2A FURZE LANE might now be worth an estimated £1,242,415.

This is based on house price inflation of 8%, between December 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 8% inflationary increase is applied to the most recent sale price for 2A FURZE LANE of £1,150,000 on 21st December 2017. For the value to have increased from £1,150,000 to £1,242,415 over the eight years and ten months to February 2025, the following assumptions must hold true:

• The value of 2A FURZE LANE has moved in line with the HPI for detached houses in the Croydon local authority area.
• The December 2017 sale price of £1,150,000 represented a fair market value for the property.
• The size, condition, and specification of 2A FURZE LANE has not materially changed since December 2017.

How Large is 2A FURZE LANE?

2A FURZE LANE is 316m², which includes one extension, according to the EPC inspection conducted in February 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 2A FURZE LANE lies on this distribution: 90% of detached houses houses are smaller than 2A FURZE LANE, and 10% of houses are larger. Note that EPC data is not available for all properties in Purley.

2A FURZE LANE: Plot and Title Map

2A FURZE LANE sits on a plot of roughly 0.506 of an acre, or 2,047m². The below map shows the location of 2A 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 2A 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 2A FURZE LANE?

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