38, PURLEY RISE, PURLEY, CR8 3BP - £417,500

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.

38 PURLEY RISE is a very small detached house of 94m², which could now be worth an estimated £434,492. It was last sold for £417,500 in June 2021, which was around 49% below the average June 2021 detached price in the Croydon local authority area. The most recent EPC inspection was July 2018, where the current energy rating was B, and the potential energy rating was A.

38 PURLEY RISE Sold Prices

Land registry data shows two sales for 38 PURLEY RISE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Croydon local authority area for the corresponding sale date. Both of the two 38 PURLEY RISE 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
2021 29 JUN	£417,500	£826,605	49% below HPI
2018 14 MAY	£360,380	£791,436	54% below HPI

38 PURLEY RISE 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 two 38 PURLEY RISE sales from May 2018 and June 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 2018 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the June 2021 sale, where it rises to 49% below the HPI. The line then continues to track at 49% below the HPI.

What might 38 PURLEY RISE be worth now?

38 PURLEY RISE might now be worth an estimated £434,492.

This is based on house price inflation of 4.1%, between June 2021 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 4.1% inflationary increase is applied to the most recent sale price for 38 PURLEY RISE of £417,500 on 29th June 2021. For the value to have increased from £417,500 to £434,492 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 38 PURLEY RISE has moved in line with the HPI for detached houses in the Croydon local authority area.
• The June 2021 sale price of £417,500 represented a fair market value for the property.
• The size, condition, and specification of 38 PURLEY RISE has not materially changed since June 2021.

How Large is 38 PURLEY RISE?

38 PURLEY RISE is 94m² according to the EPC inspection conducted in July 2018. This puts it in the smallest 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 38 PURLEY RISE lies on this distribution: 5% of detached houses houses are smaller than 38 PURLEY RISE, and 95% of houses are larger. Note that EPC data is not available for all properties in Purley.

38 PURLEY RISE: Plot and Title Map

38 PURLEY RISE sits on a plot of roughly 0.059 of an acre, or 238m². The below map shows the location of 38 PURLEY RISE, 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 38 PURLEY RISE). 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 38 PURLEY RISE?

38 PURLEY RISE is located in PURLEY, in the CR8 postcode district. The below map shows the position of No. 38 on PURLEY RISE.