48, PURLEY RISE, PURLEY, CR8 3BP - £555,000

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.

48 PURLEY RISE is a midsized detached house of 169m², built sometime from 2007 onwards, which could now be worth an estimated £1,023,468. It was last sold for £555,000 in March 2012, which was around 19% above the average March 2012 detached price in the Croydon local authority area. The most recent EPC inspection was October 2011, where the current energy rating was C, and the potential energy rating was C.

48 PURLEY RISE Sold Prices

Land registry data shows three sales for 48 PURLEY RISE 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. Two of the three 48 PURLEY RISE sales were for above the average price, whilst one was 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
2012 29 MAR	£555,000	£466,490	19% above HPI
2008 24 JUL	£565,000	£488,756	16% above HPI
2007 2 JUL	£210,000	£470,597	55% below HPI

48 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 three 48 PURLEY RISE sales between July 2007 and March 2012 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 July 2008 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the March 2012 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 48 PURLEY RISE be worth now?

48 PURLEY RISE might now be worth an estimated £1,023,468.

This is based on house price inflation of 84.4%, between March 2012 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 84.4% inflationary increase is applied to the most recent sale price for 48 PURLEY RISE of £555,000 on 29th March 2012. For the value to have increased from £555,000 to £1,023,468 over the thirteen years and one month to February 2025, the following assumptions must hold true:

• The value of 48 PURLEY RISE has moved in line with the HPI for detached houses in the Croydon local authority area.
• The March 2012 sale price of £555,000 represented a fair market value for the property.
• The size, condition, and specification of 48 PURLEY RISE has not materially changed since March 2012.

How Large is 48 PURLEY RISE?

48 PURLEY RISE is 169m² according to the EPC inspection conducted in October 2011. This puts it in the smallest 50% 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 48 PURLEY RISE lies on this distribution: 45% of detached houses houses are smaller than 48 PURLEY RISE, and 55% of houses are larger. Note that EPC data is not available for all properties in Purley.

48 PURLEY RISE: Plot and Title Map

48 PURLEY RISE sits on a plot of roughly 0.086 of an acre, or 348m². The below map shows the location of 48 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 48 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 48 PURLEY RISE?

48 PURLEY RISE is located in PURLEY, in the CR8 postcode district. The below map shows the position of No. 48 on PURLEY RISE.