1, MURRAY CLOSE, BROUGHTON ASTLEY, LEICESTER, LE9 6HH - £260,000

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.

1 MURRAY CLOSE is a very small extended detached house of 77m², built sometime between 1996 and 2002, which could now be worth an estimated £324,955. It was last sold for £260,000 in March 2019, which was around 33% below the average March 2019 detached price in the Harborough local authority area. The most recent EPC inspection was October 2018, where the current energy rating was C, and the potential energy rating was B.

1 MURRAY CLOSE Sold Prices

Land registry data shows three sales for 1 MURRAY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Harborough local authority area for the corresponding sale date. All of the three 1 MURRAY CLOSE 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
2019 14 MAR	£260,000	£388,339	33% below HPI
2000 7 JUL	£91,000	£125,211	27% below HPI
1997 27 JUN	£74,950	£95,644	22% below HPI

1 MURRAY CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Harborough local authority area over time, sourced from the HPI. The three 1 MURRAY CLOSE sales between June 1997 and March 2019 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 2000 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the March 2019 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 1 MURRAY CLOSE be worth now?

1 MURRAY CLOSE might now be worth an estimated £324,955.

This is based on house price inflation of 25%, between March 2019 and February 2025, for detached houses, in the Harborough local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 25% inflationary increase is applied to the most recent sale price for 1 MURRAY CLOSE of £260,000 on 14th March 2019. For the value to have increased from £260,000 to £324,955 over the six years and one month to February 2025, the following assumptions must hold true:

• The value of 1 MURRAY CLOSE has moved in line with the HPI for detached houses in the Harborough local authority area.
• The March 2019 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 1 MURRAY CLOSE has not materially changed since March 2019.

How Large is 1 MURRAY CLOSE?

1 MURRAY CLOSE is 77m², which includes one extension, according to the EPC inspection conducted in October 2018. This puts it in the smallest 20% of detached houses houses in Broughton Astley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Broughton Astley, and where 1 MURRAY CLOSE lies on this distribution: 10% of detached houses houses are smaller than 1 MURRAY CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Broughton Astley.

1 MURRAY CLOSE: Plot and Title Map

1 MURRAY CLOSE sits on a plot of roughly 0.082 of an acre, or 331m². The below map shows the location of 1 MURRAY CLOSE, 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 MURRAY CLOSE). 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 MURRAY CLOSE?

1 MURRAY CLOSE is located in BROUGHTON ASTLEY, in the LE9 postcode district. The below map shows the position of No. 1 on MURRAY CLOSE.