74, REEDHAM DRIVE, PURLEY, CR8 4DS - £575,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

74 REEDHAM DRIVE is a very small detached house of 105m², built sometime between 1983 and 1990, which could now be worth an estimated £589,968. It was last sold for £575,000 in December 2020, which was around 31% below the average December 2020 detached price in the Croydon local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was B.

74 REEDHAM DRIVE Sold Prices

Land registry data shows three sales for 74 REEDHAM DRIVE 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 74 REEDHAM DRIVE 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 17 DEC	£575,000	£829,879	31% below HPI
2003 14 AUG	£280,000	£397,702	30% below HPI
1997 31 JUL	£128,000	£177,633	28% below HPI

74 REEDHAM DRIVE 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 74 REEDHAM DRIVE sales between July 1997 and December 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 August 2003 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the December 2020 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 74 REEDHAM DRIVE be worth now?

74 REEDHAM DRIVE might now be worth an estimated £589,968.

This is based on house price inflation of 2.6%, between December 2020 and December 2024, 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 2.6% inflationary increase is applied to the most recent sale price for 74 REEDHAM DRIVE of £575,000 on 17th December 2020. For the value to have increased from £575,000 to £589,968 over the four years to December 2024, the following assumptions must hold true:

• The value of 74 REEDHAM DRIVE has moved in line with the HPI for detached houses in the Croydon local authority area.
• The December 2020 sale price of £575,000 represented a fair market value for the property.
• The size, condition, and specification of 74 REEDHAM DRIVE has not materially changed since December 2020.

How Large is 74 REEDHAM DRIVE?

74 REEDHAM DRIVE is 105m² according to the EPC inspection conducted in April 2014. 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 74 REEDHAM DRIVE lies on this distribution: 8% of detached houses houses are smaller than 74 REEDHAM DRIVE, and 92% of houses are larger. Note that EPC data is not available for all properties in Purley.

74 REEDHAM DRIVE: Plot and Title Map

74 REEDHAM DRIVE sits on a plot of roughly 0.052 of an acre, or 210m². The below map shows the location of 74 REEDHAM DRIVE, 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 74 REEDHAM DRIVE). 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 74 REEDHAM DRIVE?

74 REEDHAM DRIVE is located in PURLEY, in the CR8 postcode district. The below map shows the position of No. 74 on REEDHAM DRIVE.