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
8 MURDEN WAY is a very small detached house of 50m², built sometime between 1991 and 1995. It was last sold for £182,000 in July 2020, which was around 33% below the average July 2020 detached price in the Broxtowe local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 8 MURDEN WAY since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Broxtowe local authority area for the corresponding sale date. Both of the two 8 MURDEN WAY 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 |
---|---|---|---|
2020 15 JUL | £182,000 | £273,390 | 33% below HPI |
2002 26 JUL | £90,000 | £133,979 | 33% below HPI |
The below graph shows the average detached house price in the Broxtowe local authority area over time, sourced from the HPI. The two 8 MURDEN WAY sales from July 2002 and July 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 July 2002 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the July 2020 sale, which was also at 33% below the HPI.
8 MURDEN WAY is 50m² according to the EPC inspection conducted in July 2019. This puts it in the smallest 10% of detached houses in Beeston, based on EPC data. The below chart shows the distribution of detached houses by size in Beeston, and where 8 MURDEN WAY lies on this distribution: 1% of detached houses are smaller than 8 MURDEN WAY, and 99% of houses are larger. Note that EPC data is not available for all properties in Beeston.
8 MURDEN WAY sits on a plot of roughly 0.067 of an acre, or 269m². The below map shows the location of 8 MURDEN WAY, 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 8 MURDEN WAY). 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.
8 MURDEN WAY is located in BEESTON, in the NG9 postcode district. The below map shows the position of No. 8 on MURDEN WAY.