8, FURZE LANE, PURLEY, CR8 3EG - £1,135,000

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.

8 FURZE LANE is a very large extended semi-detached house of 260m², built sometime between 1900 and 1929, which could now be worth an estimated £1,213,953. It was last sold for £1,135,000 in May 2021, which was around 120% above the average May 2021 semi-detached price in the Croydon local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was C.

8 FURZE LANE Sold Prices

Land registry data shows four sales for 8 FURZE LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Croydon local authority area for the corresponding sale date. All of the four 8 FURZE 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
2021 18 MAY	£1,135,000	£515,511	120% above HPI
2015 9 JAN	£870,000	£378,518	130% above HPI
2005 16 DEC	£615,000	£256,112	140% above HPI
1999 21 MAY	£284,500	£123,339	131% above HPI

8 FURZE LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Croydon local authority area over time, sourced from the HPI. The four 8 FURZE LANE sales between May 1999 and May 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 January 2015 sale was for 130% above the HPI. So the extrapolation line tracks at 130% above the HPI over time, until the May 2021 sale, where it falls to 120% above the HPI. The line then continues to track at 120% above the HPI.

What might 8 FURZE LANE be worth now?

8 FURZE LANE might now be worth an estimated £1,213,953.

This is based on house price inflation of 7%, between May 2021 and February 2025, for semi-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 7% inflationary increase is applied to the most recent sale price for 8 FURZE LANE of £1,135,000 on 18th May 2021. For the value to have increased from £1,135,000 to £1,213,953 over the four years and three months to February 2025, the following assumptions must hold true:

• The value of 8 FURZE LANE has moved in line with the HPI for semi-detached houses in the Croydon local authority area.
• The May 2021 sale price of £1,135,000 represented a fair market value for the property.
• The size, condition, and specification of 8 FURZE LANE has not materially changed since May 2021.

How Large is 8 FURZE LANE?

8 FURZE LANE is 260m², which includes two extensions, according to the EPC inspection conducted in February 2019. This puts it in the largest 20% of semi-detached houses houses in Purley, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Purley, and where 8 FURZE LANE lies on this distribution: 83% of semi-detached houses houses are smaller than 8 FURZE LANE, and 17% of houses are larger. Note that EPC data is not available for all properties in Purley.

8 FURZE LANE: Plot and Title Map

8 FURZE LANE sits on a plot of roughly 0.342 of an acre, or 1,386m². The below map shows the location of 8 FURZE 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 8 FURZE 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 8 FURZE LANE?

8 FURZE LANE is located in PURLEY, in the CR8 postcode district. The below map shows the position of No. 8 on FURZE LANE.