1, MURFITT WAY, UPMINSTER, RM14 2EA - £525,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 MURFITT WAY is a small extended detached house of 109m², built sometime between 1983 and 1990. It was last sold for £525,000 in May 2018, which was around 25% below the average May 2018 detached price in the Havering local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was B.

1 MURFITT WAY Sold Prices

Land registry data shows three sales for 1 MURFITT WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Havering local authority area for the corresponding sale date. Two of the three 1 MURFITT WAY sales were for below the average price, whilst one was 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
2018 25 MAY	£525,000	£698,916	25% below HPI
2014 2 JUL	£392,500	£490,753	20% below HPI
1995 16 JUN	£134,000	£131,474	2% above HPI

1 MURFITT WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Havering local authority area over time, sourced from the HPI. The three 1 MURFITT WAY sales between June 1995 and May 2018 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 July 2014 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the May 2018 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 1 MURFITT WAY?

1 MURFITT WAY is 109m², which includes one extension, according to the EPC inspection conducted in May 2018. This puts it in the smallest 30% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 1 MURFITT WAY lies on this distribution: 26% of detached houses are smaller than 1 MURFITT WAY, and 73% of houses are larger. Note that EPC data is not available for all properties in London.

1 MURFITT WAY: Plot and Title Map

1 MURFITT WAY sits on a plot of roughly 0.050 of an acre, or 203m². The below map shows the location of 1 MURFITT 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 1 MURFITT 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 1 MURFITT WAY?

1 MURFITT WAY is located in UPMINSTER, in the RM14 postcode district. The below map shows the position of No. 1 on MURFITT WAY.