12, MURDEN WAY, BEESTON, NOTTINGHAM, NG9 2WF - £145,000

12 MURDEN WAY is a very small detached house of 58m², built sometime between 1983 and 1990. It was last sold for £145,000 in August 2016, which was around 37% below the average August 2016 detached price in the Broxtowe local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

12 MURDEN WAY Sold Prices

Land registry data shows two sales for 12 MURDEN WAY since 1^st 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 12 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
2016 12 AUG	£145,000	£229,815	37% below HPI
1996 28 FEB	£55,500	£69,743	20% below HPI

12 MURDEN WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broxtowe local authority area over time, sourced from the HPI. The two 12 MURDEN WAY sales from February 1996 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 February 1996 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the August 2016 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 12 MURDEN WAY?

12 MURDEN WAY is 58m² according to the EPC inspection conducted in February 2016. 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 12 MURDEN WAY lies on this distribution: 2% of detached houses are smaller than 12 MURDEN WAY, and 97% of houses are larger. Note that EPC data is not available for all properties in Beeston.

12 MURDEN WAY: Plot and Title Map

12 MURDEN WAY sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 12 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 12 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.

Where is 12 MURDEN WAY?

12 MURDEN WAY is located in BEESTON, in the NG9 postcode district. The below map shows the position of No. 12 on MURDEN WAY.