2, MURREL CLOSE, CARDIFF, CF5 5QE - £180,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 MURREL CLOSE is a very small extended semi-detached house of 79m², built sometime between 1996 and 2002, which could now be worth an estimated £233,957. It was last sold for £180,000 in November 2019, which was around 26% below the average November 2019 semi-detached price in the Cardiff local authority area. The most recent EPC inspection was July 2019, where the current energy rating was C, and the potential energy rating was B.

2 MURREL CLOSE Sold Prices

Land registry data shows five sales for 2 MURREL CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Cardiff local authority area for the corresponding sale date. All of the five 2 MURREL CLOSE 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
2019 4 NOV	£180,000	£244,877	26% below HPI
2018 14 JUN	£171,500	£232,619	26% below HPI
2011 4 NOV	£145,000	£175,868	18% below HPI
2006 5 JUL	£120,000	£169,065	29% below HPI
2003 24 OCT	£100,995	£134,750	25% below HPI

2 MURREL CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Cardiff local authority area over time, sourced from the HPI. The five 2 MURREL CLOSE sales between October 2003 and November 2019 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 June 2018 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the November 2019 sale, which was also at 26% below the HPI.

What might 2 MURREL CLOSE be worth now?

2 MURREL CLOSE might now be worth an estimated £233,957.

This is based on house price inflation of 30%, between November 2019 and June 2025, for semi-detached houses, in the Cardiff local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 30% inflationary increase is applied to the most recent sale price for 2 MURREL CLOSE of £180,000 on 4th November 2019. For the value to have increased from £180,000 to £233,957 over the six years and five months to June 2025, the following assumptions must hold true:

• The value of 2 MURREL CLOSE has moved in line with the HPI for semi-detached houses in the Cardiff local authority area.
• The November 2019 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MURREL CLOSE has not materially changed since November 2019.

How Large is 2 MURREL CLOSE?

2 MURREL CLOSE is 79m², which includes one extension, according to the EPC inspection conducted in July 2019. This puts it in the smallest 10% of semi-detached houses houses in Cardiff, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Cardiff, and where 2 MURREL CLOSE lies on this distribution: 8% of semi-detached houses houses are smaller than 2 MURREL CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Cardiff.

2 MURREL CLOSE: Plot and Title Map

2 MURREL CLOSE sits on a plot of roughly 0.038 of an acre, or 152m². The below map shows the location of 2 MURREL CLOSE, 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 2 MURREL CLOSE). 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 2 MURREL CLOSE?

2 MURREL CLOSE is located in CARDIFF, in the CF5 postcode district. The below map shows the position of No. 2 on MURREL CLOSE.