3, CHICHESTER DRIVE, PURLEY, CR8 4LR - £787,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

3 CHICHESTER DRIVE is a small detached house of 147m², built sometime between 1976 and 1982. It was last sold for £787,500 in January 2021, which was around 1% below the average January 2021 detached price in the Croydon local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was C.

3 CHICHESTER DRIVE Sold Prices

Land registry data shows three sales for 3 CHICHESTER DRIVE 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. The three 3 CHICHESTER DRIVE sales were a mix of below the average price, and roughly equal to 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 26 JAN	£787,500	£792,722	1% below HPI
2006 15 SEP	£420,000	£419,458	Close to HPI
2001 6 APR	£260,000	£272,429	5% below HPI

3 CHICHESTER DRIVE 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 3 CHICHESTER DRIVE sales between April 2001 and January 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 September 2006 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the January 2021 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 3 CHICHESTER DRIVE?

3 CHICHESTER DRIVE is 147m² according to the EPC inspection conducted in June 2018. This puts it in the smallest 40% of detached houses in Purley, based on EPC data. The below chart shows the distribution of detached houses by size in Purley, and where 3 CHICHESTER DRIVE lies on this distribution: 32% of detached houses are smaller than 3 CHICHESTER DRIVE, and 68% of houses are larger. Note that EPC data is not available for all properties in Purley.

3 CHICHESTER DRIVE: Plot and Title Map

3 CHICHESTER DRIVE sits on a plot of roughly 0.214 of an acre, or 866m². The below map shows the location of 3 CHICHESTER 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 3 CHICHESTER 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 3 CHICHESTER DRIVE?

3 CHICHESTER DRIVE is located in PURLEY, in the CR8 postcode district. The below map shows the position of No. 3 on CHICHESTER DRIVE.