40, MURREL CLOSE, CARDIFF, CF5 5QE - £235,000

40 MURREL CLOSE is a very small extended detached house of 85m², built sometime between 1996 and 2002. It was last sold for £235,000 in December 2019, which was around 41% below the average December 2019 detached price in the Cardiff local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was B.

40 MURREL CLOSE Sold Prices

Land registry data shows three sales for 40 MURREL CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cardiff local authority area for the corresponding sale date. All of the three 40 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 10 DEC	£235,000	£399,984	41% below HPI
2015 30 JAN	£195,000	£325,625	40% below HPI
2004 24 JUN	£149,995	£250,684	40% below HPI

40 MURREL CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cardiff local authority area over time, sourced from the HPI. The three 40 MURREL CLOSE sales between June 2004 and December 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 January 2015 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the December 2019 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 40 MURREL CLOSE?

40 MURREL CLOSE is 85m², which includes two extensions, according to the EPC inspection conducted in July 2014. This puts it in the smallest 20% of detached houses in Cardiff, based on EPC data. The below chart shows the distribution of detached houses by size in Cardiff, and where 40 MURREL CLOSE lies on this distribution: 13% of detached houses are smaller than 40 MURREL CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Cardiff.

40 MURREL CLOSE: Plot and Title Map

40 MURREL CLOSE sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 40 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 40 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 40 MURREL CLOSE?

40 MURREL CLOSE is located in CARDIFF, in the CF5 postcode district. The below map shows the position of No. 40 on MURREL CLOSE.