48, MURROW BANK, MURROW, WISBECH, PE13 4HD - £128,000

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

48 MURROW BANK is a very small detached house of 65m², built sometime between 1967 and 1975. It was last sold for £128,000 in January 2016, which was around 41% below the average January 2016 detached price in the Fenland local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

48 MURROW BANK Sold Prices

Land registry data shows two sales for 48 MURROW BANK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Fenland local authority area for the corresponding sale date. Both of the two 48 MURROW BANK 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
2016 5 JAN	£128,000	£215,623	41% below HPI
2006 6 OCT	£124,995	£181,088	31% below HPI

48 MURROW BANK Price Paid vs. HPI Average

The below graph shows the average detached house price in the Fenland local authority area over time, sourced from the HPI. The two 48 MURROW BANK sales from October 2006 and January 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 October 2006 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the January 2016 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 48 MURROW BANK?

48 MURROW BANK is 65m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 10% of detached houses in Murrow, based on EPC data. The below chart shows the distribution of detached houses by size in Murrow, and where 48 MURROW BANK lies on this distribution: 6% of detached houses are smaller than 48 MURROW BANK, and 93% of houses are larger. Note that EPC data is not available for all properties in Murrow.

48 MURROW BANK: Plot and Title Map

48 MURROW BANK sits on a plot of roughly 0.102 of an acre, or 413m². The below map shows the location of 48 MURROW BANK, 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 48 MURROW BANK). 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 48 MURROW BANK?

48 MURROW BANK is located in MURROW, in the PE13 postcode district. The below map shows the position of No. 48 on MURROW BANK.