HIGH TREES, PROMENADE DE VERDUN, PURLEY, CR8 3LN - £2,450,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

HIGH TREES is a very large extended detached house of 499m², built sometime between 2003 and 2006. It was last sold for £2,450,000 in June 2020, which was around 215% above the average June 2020 detached price in the Croydon local authority area. The most recent EPC inspection was October 2010, where the current energy rating was C, and the potential energy rating was C.

HIGH TREES Sold Prices

Land registry data shows two sales for HIGH TREES since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Croydon local authority area for the corresponding sale date. Both of the two HIGH TREES 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
2020 30 JUN	£2,450,000	£778,605	215% above HPI
2007 9 MAR	£3,100,000	£438,010	608% above HPI

HIGH TREES 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 two HIGH TREES sales from March 2007 and June 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 March 2007 sale was for 608% above the HPI. So the extrapolation line tracks at 608% above the HPI over time, until the June 2020 sale, where it falls to 215% above the HPI. The line then continues to track at 215% above the HPI.

How Large is HIGH TREES?

HIGH TREES is 499m², which includes one extension, according to the EPC inspection conducted in October 2010. 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 HIGH TREES lies on this distribution: 98% of detached houses are smaller than HIGH TREES, and 2% of houses are larger. Note that EPC data is not available for all properties in Purley.

HIGH TREES: Plot and Title Map

HIGH TREES sits on a plot of roughly 0.765 of an acre, or 3,095m². The below map shows the location of HIGH TREES, 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 HIGH TREES). 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 HIGH TREES?

HIGH TREES is located on PROMENADE DE VERDUN in PURLEY, in the CR8 postcode district. The below map shows the position of HIGH TREES on PROMENADE DE VERDUN.