6, MURRELL LANE, STOTFOLD, HITCHIN, SG5 4PP - £625,000

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.

6 MURRELL LANE is a midsized detached house of 120m², built sometime between 1976 and 1982, which could now be worth an estimated £651,191. It was last sold for £625,000 in August 2022, which was around 7% above the average August 2022 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was B.

6 MURRELL LANE Sold Prices

Land registry data shows one sale for 6 MURRELL LANE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Central Bedfordshire local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 11 AUG	£625,000	£582,376	7% above HPI

What might 6 MURRELL LANE be worth now?

6 MURRELL LANE might now be worth an estimated £651,191.

This is based on house price inflation of 4.2%, between August 2022 and May 2026, for detached houses, in the Central Bedfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4.2% inflationary increase is applied to the most recent sale price for 6 MURRELL LANE of £625,000 on 11th August 2022. For the value to have increased from £625,000 to £651,191 over the four years and three months to May 2026, the following assumptions must hold true:

• The value of 6 MURRELL LANE has moved in line with the HPI for detached houses in the Central Bedfordshire local authority area.
• The August 2022 sale price of £625,000 represented a fair market value for the property.
• The size, condition, and specification of 6 MURRELL LANE has not materially changed since August 2022.

How Large is 6 MURRELL LANE?

6 MURRELL LANE is 120m² according to the EPC inspection conducted in November 2021. This puts it in the smallest 50% of detached houses in Stotfold, based on EPC data. The below chart shows the distribution of detached houses by size in Stotfold, and where 6 MURRELL LANE lies on this distribution: 44% of detached houses are smaller than 6 MURRELL LANE, and 55% of detached houses are larger. Note that EPC data is not available for all properties in Stotfold.

6 MURRELL LANE: Plot

6 MURRELL LANE sits on a plot of roughly 0.140 of an acre, or 566m².

Where is 6 MURRELL LANE?

6 MURRELL LANE is located in STOTFOLD, in the SG5 postcode district.