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
43 MURPHY DRIVE is a very large detached house of 245m², built sometime between 1996 and 2002. It was last sold for £250,000 in October 2011, which was around 16% above the average October 2011 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 43 MURPHY DRIVE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. All of the three 43 MURPHY DRIVE 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 |
---|---|---|---|
2011 3 OCT | £250,000 | £215,540 | 16% above HPI |
2008 16 MAY | £270,000 | £234,828 | 15% above HPI |
2004 12 NOV | £300,000 | £218,835 | 37% above HPI |
The below graph shows the average detached house price in the Hinckley and Bosworth local authority area over time, sourced from the HPI. The three 43 MURPHY DRIVE sales between November 2004 and October 2011 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 May 2008 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the October 2011 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.
43 MURPHY DRIVE is 245m² according to the EPC inspection conducted in October 2014. This puts it in the largest 10% of detached houses in Bagworth, based on EPC data. The below chart shows the distribution of detached houses by size in Bagworth, and where 43 MURPHY DRIVE lies on this distribution: 96% of detached houses are smaller than 43 MURPHY DRIVE, and 4% of houses are larger. Note that EPC data is not available for all properties in Bagworth.
43 MURPHY DRIVE sits on a plot of roughly 0.164 of an acre, or 664m². The below map shows the location of 43 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 43 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.
43 MURPHY DRIVE is located in BAGWORTH, in the LE67 postcode district. The below map shows the position of No. 43 on MURPHY DRIVE.