1, PROSPECT DRIVE, CARDIFF, CF5 2HL - £401,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 PROSPECT DRIVE is a very small detached house of 91m², built sometime between 1976 and 1982. It was last sold for £401,000 in October 2018, which was around 3% above the average October 2018 detached price in the Cardiff local authority area. The most recent EPC inspection was March 2018, where the current energy rating was C, and the potential energy rating was B.

1 PROSPECT DRIVE Sold Prices

Land registry data shows two sales for 1 PROSPECT DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cardiff local authority area for the corresponding sale date. Both of the two 1 PROSPECT DRIVE sales were for above 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
2018 12 OCT	£401,000	£389,173	3% above HPI
2003 9 MAY	£222,500	£216,405	3% above HPI

1 PROSPECT DRIVE 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 two 1 PROSPECT DRIVE sales from May 2003 and October 2018 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 May 2003 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the October 2018 sale, which was also at 3% above the HPI.

How Large is 1 PROSPECT DRIVE?

1 PROSPECT DRIVE is 91m² according to the EPC inspection conducted in March 2018. 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 1 PROSPECT DRIVE lies on this distribution: 18% of detached houses are smaller than 1 PROSPECT DRIVE, and 81% of houses are larger. Note that EPC data is not available for all properties in Cardiff.

1 PROSPECT DRIVE: Plot and Title Map

1 PROSPECT DRIVE sits on a plot of roughly 0.095 of an acre, or 385m². The below map shows the location of 1 PROSPECT DRIVE, 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 1 PROSPECT DRIVE). 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 1 PROSPECT DRIVE?

1 PROSPECT DRIVE is located in CARDIFF, in the CF5 postcode district. The below map shows the position of No. 1 on PROSPECT DRIVE.