THE CHALET, WILMOT ROAD, PURLEY, CR8 2HH - £495,000

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

THE CHALET is a very small detached house of 91m², built sometime between 1967 and 1975. It was last sold for £495,000 in April 2020, which was around 36% below the average April 2020 detached price in the Croydon local authority area. The most recent EPC inspection was November 2019, where the current energy rating was D, and the potential energy rating was C.

THE CHALET Sold Prices

Land registry data shows two sales for THE CHALET 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 THE CHALET 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 3 APR	£495,000	£770,814	36% below HPI
1997 10 JAN	£94,000	£155,021	39% below HPI

THE CHALET 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 THE CHALET sales from January 1997 and April 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 January 1997 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the April 2020 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is THE CHALET?

THE CHALET is 91m² according to the EPC inspection conducted in November 2019. This puts it in the smallest 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 THE CHALET lies on this distribution: 4% of detached houses are smaller than THE CHALET, and 96% of houses are larger. Note that EPC data is not available for all properties in Purley.

THE CHALET: Plot and Title Map

THE CHALET sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of THE CHALET, 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 THE CHALET). 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 THE CHALET?

THE CHALET is located on WILMOT ROAD in PURLEY, in the CR8 postcode district. The below map shows the position of THE CHALET on WILMOT ROAD.