2, MURDEN WAY, BEESTON, NOTTINGHAM, NG9 2WF - £59,950

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

2 MURDEN WAY is a very small detached house of 49m², built sometime between 1976 and 1982. It was last sold for £59,950 in December 1999, which was around 30% below the average December 1999 detached price in the Broxtowe local authority area. The most recent EPC inspection was September 2015, where the current energy rating was C, and the potential energy rating was B.

2 MURDEN WAY Sold Prices

Land registry data shows two sales for 2 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 2 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
1999 20 DEC	£59,950	£86,235	30% below HPI
1998 7 OCT	£56,600	£77,457	27% below HPI

2 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 2 MURDEN WAY sales from October 1998 and December 1999 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 October 1998 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the December 1999 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 2 MURDEN WAY?

2 MURDEN WAY is 49m² according to the EPC inspection conducted in September 2015. 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 2 MURDEN WAY lies on this distribution: Less than 1% of detached houses are smaller than 2 MURDEN WAY, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Beeston.

2 MURDEN WAY: Plot and Title Map

2 MURDEN WAY sits on a plot of roughly 0.050 of an acre, or 202m². The below map shows the location of 2 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 2 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 2 MURDEN WAY?

2 MURDEN WAY is located in BEESTON, in the NG9 postcode district. The below map shows the position of No. 2 on MURDEN WAY.