16, MURDOCH RISE, LOUGHBOROUGH, LE11 5YL - £240,000

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

16 MURDOCH RISE is a small extended semi-detached house of 91m², built sometime between 1976 and 1982. It was last sold for £240,000 in January 2022, which was around 37% below the average January 2022 detached price in the Charnwood local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was B.

16 MURDOCH RISE Sold Prices

Land registry data shows five sales for 16 MURDOCH RISE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Charnwood local authority area for the corresponding sale date. All of the five 16 MURDOCH RISE 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 7 JAN	£240,000	£381,959	37% below HPI
2007 2 MAR	£165,000	£250,928	34% below HPI
2006 6 JAN	£143,000	£234,398	39% below HPI
2004 4 JUN	£149,950	£221,322	32% below HPI
2001 30 JUL	£88,300	£129,518	32% below HPI

16 MURDOCH RISE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Charnwood local authority area over time, sourced from the HPI. The five 16 MURDOCH RISE sales between July 2001 and January 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 March 2007 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the January 2022 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 16 MURDOCH RISE?

16 MURDOCH RISE is 91m², which includes one extension, according to the EPC inspection conducted in June 2021. This puts it in the smallest 30% of detached houses in Loughborough, based on EPC data. The below chart shows the distribution of detached houses by size in Loughborough, and where 16 MURDOCH RISE lies on this distribution: 25% of detached houses are smaller than 16 MURDOCH RISE, and 73% of houses are larger. Note that EPC data is not available for all properties in Loughborough.

16 MURDOCH RISE: Plot and Title Map

16 MURDOCH RISE sits on a plot of roughly 0.096 of an acre, or 387m². The below map shows the location of 16 MURDOCH RISE, 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 16 MURDOCH RISE). 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 16 MURDOCH RISE?

16 MURDOCH RISE is located in LOUGHBOROUGH, in the LE11 postcode district. The below map shows the position of No. 16 on MURDOCH RISE.