1, MURROW BANK, MURROW, WISBECH, PE13 4HB - £217,500

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

1 MURROW BANK is a small semi-detached house of 86m², built sometime between 1967 and 1975. It was last sold for £217,500 in April 2022, which was around 28% below the average April 2022 detached price in the Fenland local authority area. The most recent EPC inspection was September 2015, where the current energy rating was E, and the potential energy rating was C.

1 MURROW BANK Sold Prices

Land registry data shows five sales for 1 MURROW BANK since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Fenland local authority area for the corresponding sale date. All of the five 1 MURROW BANK 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
2022 8 APR	£217,500	£302,476	28% below HPI
2016 8 AUG	£149,995	£223,055	33% below HPI
2007 8 JUN	£146,000	£190,244	23% below HPI
2003 4 APR	£93,000	£140,923	34% below HPI
2001 27 JUL	£57,500	£95,191	40% below HPI

1 MURROW BANK Price Paid vs. HPI Average

The below graph shows the average detached house price in the Fenland local authority area over time, sourced from the HPI. The five 1 MURROW BANK sales between July 2001 and April 2022 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 August 2016 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the April 2022 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 1 MURROW BANK?

1 MURROW BANK is 86m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 30% of detached houses in Murrow, based on EPC data. The below chart shows the distribution of detached houses by size in Murrow, and where 1 MURROW BANK lies on this distribution: 29% of detached houses are smaller than 1 MURROW BANK, and 71% of houses are larger. Note that EPC data is not available for all properties in Murrow.

1 MURROW BANK: Plot and Title Map

1 MURROW BANK sits on a plot of roughly 0.079 of an acre, or 322m². The below map shows the location of 1 MURROW BANK, 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 MURROW BANK). 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 MURROW BANK?

1 MURROW BANK is located in MURROW, in the PE13 postcode district. The below map shows the position of No. 1 on MURROW BANK.