2, MURREL CLOSE, CARDIFF, CF5 5QE - £180,000

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

2 MURREL CLOSE is a very small extended semi-detached house of 79m², built sometime between 1996 and 2002. It was last sold for £180,000 in November 2019, which was around 55% below the average November 2019 detached price in the Cardiff local authority area. The most recent EPC inspection was July 2019, where the current energy rating was C, and the potential energy rating was B.

2 MURREL CLOSE Sold Prices

Land registry data shows five sales for 2 MURREL CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Cardiff local authority area for the corresponding sale date. All of the five 2 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
2019 4 NOV	£180,000	£396,293	55% below HPI
2018 14 JUN	£171,500	£376,689	54% below HPI
2011 4 NOV	£145,000	£292,315	50% below HPI
2006 5 JUL	£120,000	£272,854	56% below HPI
2003 24 OCT	£100,995	£228,859	56% below HPI

2 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 five 2 MURREL CLOSE sales between October 2003 and November 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 June 2018 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the November 2019 sale, where it falls to 55% below the HPI. The line then continues to track at 55% below the HPI.

How Large is 2 MURREL CLOSE?

2 MURREL CLOSE is 79m², which includes one extension, according to the EPC inspection conducted in July 2019. This puts it in the smallest 10% of detached houses in Cardiff, based on EPC data. The below chart shows the distribution of detached houses by size in Cardiff, and where 2 MURREL CLOSE lies on this distribution: 9% of detached houses are smaller than 2 MURREL CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Cardiff.

2 MURREL CLOSE: Plot and Title Map

2 MURREL CLOSE sits on a plot of roughly 0.038 of an acre, or 152m². The below map shows the location of 2 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 2 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 2 MURREL CLOSE?

2 MURREL CLOSE is located in CARDIFF, in the CF5 postcode district. The below map shows the position of No. 2 on MURREL CLOSE.