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

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

15 MURBY WAY is a small extended detached house of 103m², built sometime between 1996 and 2002. It was last sold for £225,000 in May 2019, which was around 29% below the average May 2019 detached price in the Blaby local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was B.

15 MURBY WAY Sold Prices

Land registry data shows four sales for 15 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 15 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
2019 15 MAY	£225,000	£316,828	29% below HPI
2015 27 MAY	£191,000	£252,564	24% below HPI
2002 10 MAY	£111,500	£137,296	19% below HPI
1999 24 SEP	£78,950	£97,416	19% below HPI

15 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 15 MURBY WAY sales between September 1999 and May 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 May 2015 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the May 2019 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 15 MURBY WAY?

15 MURBY WAY is 103m², which includes one extension, according to the EPC inspection conducted in August 2021. This puts it in the smallest 40% of detached houses in Leicester, based on EPC data. The below chart shows the distribution of detached houses by size in Leicester, and where 15 MURBY WAY lies on this distribution: 37% of detached houses are smaller than 15 MURBY WAY, and 62% of houses are larger. Note that EPC data is not available for all properties in Leicester.

15 MURBY WAY: Plot and Title Map

15 MURBY WAY sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 15 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 15 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 15 MURBY WAY?

15 MURBY WAY is located in THORPE ASTLEY, in the LE3 postcode district. The below map shows the position of No. 15 on MURBY WAY.