3, NORTHWOOD AVENUE, PURLEY, CR8 2ER - £775,000

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.

3 NORTHWOOD AVENUE is a very small detached house of 126m², built sometime between 1930 and 1949, which could now be worth an estimated £822,144. It was last sold for £775,000 in May 2020, which was around 4% below the average May 2020 detached price in the Croydon local authority area. The most recent EPC inspection was February 2014, where the current energy rating was E, and the potential energy rating was C.

3 NORTHWOOD AVENUE Sold Prices

Land registry data shows four sales for 3 NORTHWOOD AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Croydon local authority area for the corresponding sale date. All of the four 3 NORTHWOOD AVENUE sales were for below 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
2020 13 MAY	£775,000	£810,919	4% below HPI
2014 13 JUN	£451,000	£579,575	22% below HPI
2001 19 JUN	£237,950	£289,088	18% below HPI
1999 18 JUN	£163,000	£215,821	24% below HPI

3 NORTHWOOD AVENUE 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 four 3 NORTHWOOD AVENUE sales between June 1999 and May 2020 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 June 2014 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the May 2020 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 3 NORTHWOOD AVENUE be worth now?

3 NORTHWOOD AVENUE might now be worth an estimated £822,144.

This is based on house price inflation of 6.1%, between May 2020 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 6.1% inflationary increase is applied to the most recent sale price for 3 NORTHWOOD AVENUE of £775,000 on 13th May 2020. For the value to have increased from £775,000 to £822,144 over the five years and three months to February 2025, the following assumptions must hold true:

• The value of 3 NORTHWOOD AVENUE has moved in line with the HPI for detached houses in the Croydon local authority area.
• The May 2020 sale price of £775,000 represented a fair market value for the property.
• The size, condition, and specification of 3 NORTHWOOD AVENUE has not materially changed since May 2020.

How Large is 3 NORTHWOOD AVENUE?

3 NORTHWOOD AVENUE is 126m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 20% 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 3 NORTHWOOD AVENUE lies on this distribution: 18% of detached houses houses are smaller than 3 NORTHWOOD AVENUE, and 81% of houses are larger. Note that EPC data is not available for all properties in Purley.

3 NORTHWOOD AVENUE: Plot and Title Map

3 NORTHWOOD AVENUE sits on a plot of roughly 0.178 of an acre, or 720m². The below map shows the location of 3 NORTHWOOD AVENUE, 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 NORTHWOOD AVENUE). 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 NORTHWOOD AVENUE?

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