5, MURFITT WAY, UPMINSTER, RM14 2EA - £545,000

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.

5 MURFITT WAY is a very small extended detached house of 100m², built sometime between 1967 and 1975, which could now be worth an estimated £669,737. It was last sold for £545,000 in January 2020, which was around 20% below the average January 2020 detached price in the Havering local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was C.

5 MURFITT WAY Sold Prices

Land registry data shows two sales for 5 MURFITT 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 Havering local authority area for the corresponding sale date. One of the two 5 MURFITT WAY sales was for below the average price, whilst the other was roughly equal to 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 21 JAN	£545,000	£680,810	20% below HPI
1999 22 APR	£176,000	£175,658	Close to HPI

5 MURFITT WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Havering local authority area over time, sourced from the HPI. The two 5 MURFITT WAY sales from April 1999 and January 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 April 1999 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the January 2020 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 5 MURFITT WAY be worth now?

5 MURFITT WAY might now be worth an estimated £669,737.

This is based on house price inflation of 22.9%, between January 2020 and April 2026, for detached houses, in the Havering local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 22.9% inflationary increase is applied to the most recent sale price for 5 MURFITT WAY of £545,000 on 21st January 2020. For the value to have increased from £545,000 to £669,737 over the five years and nine months to April 2026, the following assumptions must hold true:

• The value of 5 MURFITT WAY has moved in line with the HPI for detached houses in the Havering local authority area.
• The January 2020 sale price of £545,000 represented a fair market value for the property.
• The size, condition, and specification of 5 MURFITT WAY has not materially changed since January 2020.

How Large is 5 MURFITT WAY?

5 MURFITT WAY is 100m², which includes two extensions, according to the EPC inspection conducted in March 2019. This puts it in the smallest 20% of detached houses houses in London, based on EPC data. The below chart shows the distribution of detached houses houses by size in London, and where 5 MURFITT WAY lies on this distribution: 19% of detached houses houses are smaller than 5 MURFITT WAY, and 80% of houses are larger. Note that EPC data is not available for all properties in London.

5 MURFITT WAY: Plot and Title Map

5 MURFITT WAY sits on a plot of roughly 0.041 of an acre, or 164m². The below map shows the location of 5 MURFITT 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 5 MURFITT 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 5 MURFITT WAY?

5 MURFITT WAY is located in UPMINSTER, in the RM14 postcode district. The below map shows the position of No. 5 on MURFITT WAY.