14, MURDEN WAY, BEESTON, NOTTINGHAM, NG9 2WF - £220,000

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

14 MURDEN WAY is a very small detached house of 56m², built sometime between 1950 and 1966. It was last sold for £220,000 in September 2021, which was around 26% below the average September 2021 detached price in the Broxtowe local authority area. The most recent EPC inspection was September 2023, where the current energy rating was B, and the potential energy rating was A.

14 MURDEN WAY Sold Prices

Land registry data shows two sales for 14 MURDEN WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Broxtowe local authority area for the corresponding sale date. Both of the two 14 MURDEN 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
2021 22 SEP	£220,000	£298,980	26% below HPI
1995 4 SEP	£63,000	£69,259	9% below HPI

14 MURDEN WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broxtowe local authority area over time, sourced from the HPI. The two 14 MURDEN WAY sales from September 1995 and September 2021 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 September 1995 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the September 2021 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 14 MURDEN WAY?

14 MURDEN WAY is 56m² according to the EPC inspection conducted in September 2023. This puts it in the smallest 10% of detached houses in Beeston, based on EPC data. The below chart shows the distribution of detached houses by size in Beeston, and where 14 MURDEN WAY lies on this distribution: 2% of detached houses are smaller than 14 MURDEN WAY, and 98% of houses are larger. Note that EPC data is not available for all properties in Beeston.

14 MURDEN WAY: Plot and Title Map

14 MURDEN WAY sits on a plot of roughly 0.099 of an acre, or 401m². The below map shows the location of 14 MURDEN 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 14 MURDEN 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 14 MURDEN WAY?

14 MURDEN WAY is located in BEESTON, in the NG9 postcode district. The below map shows the position of No. 14 on MURDEN WAY.