40, MONAHAN AVENUE, PURLEY, CR8 3BA - £1,350,000

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

40 MONAHAN AVENUE is a very large extended detached house of 278m², built sometime between 1930 and 1949. It was last sold for £1,350,000 in March 2021, which was around 72% above the average March 2021 detached price in the Croydon local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was C.

40 MONAHAN AVENUE Sold Prices

Land registry data shows four sales for 40 MONAHAN 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 40 MONAHAN AVENUE 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 17 MAR	£1,350,000	£783,231	72% above HPI
2018 22 OCT	£1,180,000	£764,804	54% above HPI
2008 21 AUG	£600,000	£471,917	27% above HPI
1995 2 MAY	£255,000	£145,695	75% above HPI

40 MONAHAN 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 40 MONAHAN AVENUE sales between May 1995 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 October 2018 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the March 2021 sale, where it rises to 72% above the HPI. The line then continues to track at 72% above the HPI.

How Large is 40 MONAHAN AVENUE?

40 MONAHAN AVENUE is 278m², which includes three extensions, according to the EPC inspection conducted in August 2020. This puts it in the largest 20% of detached houses in Purley, based on EPC data. The below chart shows the distribution of detached houses by size in Purley, and where 40 MONAHAN AVENUE lies on this distribution: 87% of detached houses are smaller than 40 MONAHAN AVENUE, and 13% of houses are larger. Note that EPC data is not available for all properties in Purley.

40 MONAHAN AVENUE: Plot and Title Map

40 MONAHAN AVENUE sits on a plot of roughly 0.204 of an acre, or 824m². The below map shows the location of 40 MONAHAN 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 40 MONAHAN 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 40 MONAHAN AVENUE?

40 MONAHAN AVENUE is located in PURLEY, in the CR8 postcode district. The below map shows the position of No. 40 on MONAHAN AVENUE.