7, SILVER LANE, PURLEY, CR8 3HJ - £2,500,000

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

7 SILVER LANE is a very large extended detached house of 1,053m², built sometime between 1900 and 1929. It was last sold for £2,500,000 in September 2019, which was around 231% above the average September 2019 detached price in the Croydon local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was C.

7 SILVER LANE Sold Prices

Land registry data shows three sales for 7 SILVER LANE 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. All of the three 7 SILVER LANE 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
2019 9 SEP	£2,500,000	£755,621	231% above HPI
2000 7 APR	£1,075,000	£248,894	332% above HPI
1998 30 OCT	£950,000	£200,592	374% above HPI

7 SILVER LANE 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 7 SILVER LANE sales between October 1998 and September 2019 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 April 2000 sale was for 332% above the HPI. So the extrapolation line tracks at 332% above the HPI over time, until the September 2019 sale, where it falls to 231% above the HPI. The line then continues to track at 231% above the HPI.

How Large is 7 SILVER LANE?

7 SILVER LANE is 1,053m², which includes four extensions, according to the EPC inspection conducted in October 2018. This puts it in the largest 10% of detached houses in Purley, based on EPC data. The below chart shows the distribution of detached houses by size in Purley, and where 7 SILVER LANE lies on this distribution: More than 99% of detached houses are smaller than 7 SILVER LANE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Purley.

7 SILVER LANE: Plot and Title Map

7 SILVER LANE sits on a plot of roughly 1.1 acres, or 4,446m². The below map shows the location of 7 SILVER LANE, 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 7 SILVER LANE). 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 7 SILVER LANE?

7 SILVER LANE is located in PURLEY, in the CR8 postcode district. The below map shows the position of No. 7 on SILVER LANE.