3, MURRELL LANE, STOTFOLD, HITCHIN, SG5 4PP - £300,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 MURRELL LANE is a midsized extended semi-detached house of 129m², built sometime between 1967 and 1975, which could now be worth an estimated £444,017. It was last sold for £300,000 in October 2015, which was around 17% above the average October 2015 semi-detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was C.

3 MURRELL LANE Sold Prices

Land registry data shows three sales for 3 MURRELL LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Central Bedfordshire local authority area for the corresponding sale date. All of the three 3 MURRELL LANE sales were for above 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
2015 23 OCT	£300,000	£256,296	17% above HPI
2011 30 NOV	£248,500	£189,496	31% above HPI
2004 5 MAY	£215,000	£170,396	26% above HPI

3 MURRELL LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Central Bedfordshire local authority area over time, sourced from the HPI. The three 3 MURRELL LANE sales between May 2004 and October 2015 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 November 2011 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the October 2015 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 3 MURRELL LANE be worth now?

3 MURRELL LANE might now be worth an estimated £444,017.

This is based on house price inflation of 48%, between October 2015 and February 2025, for semi-detached houses, in the Central Bedfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 48% inflationary increase is applied to the most recent sale price for 3 MURRELL LANE of £300,000 on 23rd October 2015. For the value to have increased from £300,000 to £444,017 over the ten years and eight months to February 2025, the following assumptions must hold true:

• The value of 3 MURRELL LANE has moved in line with the HPI for semi-detached houses in the Central Bedfordshire local authority area.
• The October 2015 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 3 MURRELL LANE has not materially changed since October 2015.

How Large is 3 MURRELL LANE?

3 MURRELL LANE is 129m², which includes two extensions, according to the EPC inspection conducted in July 2011. This puts it in the largest 50% of semi-detached houses houses in Stotfold, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Stotfold, and where 3 MURRELL LANE lies on this distribution: 52% of semi-detached houses houses are smaller than 3 MURRELL LANE, and 48% of houses are larger. Note that EPC data is not available for all properties in Stotfold.

3 MURRELL LANE: Plot and Title Map

3 MURRELL LANE sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of 3 MURRELL LANE, 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 3 MURRELL LANE). 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 3 MURRELL LANE?

3 MURRELL LANE is located in STOTFOLD, in the SG5 postcode district. The below map shows the position of No. 3 on MURRELL LANE.