Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
39 MURRAY ROAD is a midsized extended detached house of 116m², built sometime between 1967 and 1975. It was last sold for £291,000 in August 2020, which was around 15% above the average August 2020 detached price in the City of Derby local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 39 MURRAY ROAD since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the City of Derby local authority area for the corresponding sale date. Both of the two 39 MURRAY ROAD 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 |
---|---|---|---|
2020 20 AUG | £291,000 | £253,966 | 15% above HPI |
2005 25 NOV | £222,000 | £188,216 | 18% above HPI |
The below graph shows the average detached house price in the City of Derby local authority area over time, sourced from the HPI. The two 39 MURRAY ROAD sales from November 2005 and August 2020 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 2005 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the August 2020 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.
39 MURRAY ROAD is 116m², which includes two extensions, according to the EPC inspection conducted in June 2020. This puts it in the largest 40% of detached houses in Derby, based on EPC data. The below chart shows the distribution of detached houses by size in Derby, and where 39 MURRAY ROAD lies on this distribution: 60% of detached houses are smaller than 39 MURRAY ROAD, and 40% of houses are larger. Note that EPC data is not available for all properties in Derby.
39 MURRAY ROAD sits on a plot of roughly 0.108 of an acre, or 439m². The below map shows the location of 39 MURRAY ROAD, 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 39 MURRAY ROAD). 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.
39 MURRAY ROAD is located in MICKLEOVER, in the DE3 postcode district. The below map shows the position of No. 39 on MURRAY ROAD.