31, MURPHY DRIVE, BAGWORTH, COALVILLE, LE67 1HR - £214,950

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

31 MURPHY DRIVE is a midsized detached house of 120m², built sometime between 2003 and 2006. It was last sold for £214,950 in August 2016, which was around 17% below the average August 2016 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.

31 MURPHY DRIVE Sold Prices

Land registry data shows two sales for 31 MURPHY DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. One of the two 31 MURPHY DRIVE sales was for below the average price, whilst the other was 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
2016 12 AUG	£214,950	£259,047	17% below HPI
2004 5 NOV	£224,995	£218,835	3% above HPI

31 MURPHY DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Hinckley and Bosworth local authority area over time, sourced from the HPI. The two 31 MURPHY DRIVE sales from November 2004 and August 2016 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 2004 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the August 2016 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 31 MURPHY DRIVE?

31 MURPHY DRIVE is 120m² according to the EPC inspection conducted in August 2022. This puts it in the smallest 50% of detached houses in Bagworth, based on EPC data. The below chart shows the distribution of detached houses by size in Bagworth, and where 31 MURPHY DRIVE lies on this distribution: 46% of detached houses are smaller than 31 MURPHY DRIVE, and 51% of houses are larger. Note that EPC data is not available for all properties in Bagworth.

31 MURPHY DRIVE: Plot and Title Map

31 MURPHY DRIVE sits on a plot of roughly 0.090 of an acre, or 363m². The below map shows the location of 31 MURPHY DRIVE, 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 31 MURPHY DRIVE). 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 31 MURPHY DRIVE?

31 MURPHY DRIVE is located in BAGWORTH, in the LE67 postcode district. The below map shows the position of No. 31 on MURPHY DRIVE.