16, MURREL CLOSE, CARDIFF, CF5 5QE - £275,000

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

16 MURREL CLOSE is a midsized detached house of 119m², built sometime between 1996 and 2002. It was last sold for £275,000 in January 2018, which was around 26% below the average January 2018 detached price in the Cardiff local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was B.

16 MURREL CLOSE Sold Prices

Land registry data shows two sales for 16 MURREL CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cardiff local authority area for the corresponding sale date. Both of the two 16 MURREL 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
2018 4 JAN	£275,000	£371,594	26% below HPI
2004 28 MAY	£185,995	£245,464	24% below HPI

16 MURREL CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cardiff local authority area over time, sourced from the HPI. The two 16 MURREL CLOSE sales from May 2004 and January 2018 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 2004 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the January 2018 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 16 MURREL CLOSE?

16 MURREL CLOSE is 119m² according to the EPC inspection conducted in September 2017. This puts it in the smallest 50% of detached houses in Cardiff, based on EPC data. The below chart shows the distribution of detached houses by size in Cardiff, and where 16 MURREL CLOSE lies on this distribution: 48% of detached houses are smaller than 16 MURREL CLOSE, and 51% of houses are larger. Note that EPC data is not available for all properties in Cardiff.

16 MURREL CLOSE: Plot and Title Map

16 MURREL CLOSE sits on a plot of roughly 0.100 of an acre, or 403m². The below map shows the location of 16 MURREL 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 16 MURREL 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 16 MURREL CLOSE?

16 MURREL CLOSE is located in CARDIFF, in the CF5 postcode district. The below map shows the position of No. 16 on MURREL CLOSE.