48, MURBY WAY, THORPE ASTLEY, LEICESTER, LE3 3UH - £225,000

48 MURBY WAY is a very small detached house of 69m², built sometime between 2003 and 2006. It was last sold for £225,000 in December 2017, which was around 25% below the average December 2017 detached price in the Blaby local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was B.

48 MURBY WAY Sold Prices

Land registry data shows four sales for 48 MURBY WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Blaby local authority area for the corresponding sale date. All of the four 48 MURBY WAY 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
2017 8 DEC	£225,000	£301,911	25% below HPI
2014 20 MAR	£155,000	£233,382	34% below HPI
2002 15 NOV	£130,000	£159,017	18% below HPI
2001 2 MAR	£107,000	£115,452	7% below HPI

48 MURBY WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Blaby local authority area over time, sourced from the HPI. The four 48 MURBY WAY sales between March 2001 and December 2017 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 2014 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the December 2017 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 48 MURBY WAY?

48 MURBY WAY is 69m² according to the EPC inspection conducted in February 2013. This puts it in the smallest 10% of detached houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses by size in Leicester, and where 48 MURBY WAY lies on this distribution: 7% of detached houses are smaller than 48 MURBY WAY, and 93% of houses are larger. Note that EPC data is not available for all properties in Leicester.

48 MURBY WAY: Plot and Title Map

48 MURBY WAY sits on a plot of roughly 0.089 of an acre, or 361m². The below map shows the location of 48 MURBY WAY, 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 48 MURBY WAY). 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 48 MURBY WAY?

48 MURBY WAY is located in THORPE ASTLEY, in the LE3 postcode district. The below map shows the position of No. 48 on MURBY WAY.