118, RIDGEWAY ROAD, RUMNEY, CARDIFF, CF3 4AB - £272,000

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

118 RIDGEWAY ROAD is a midsized detached house of 115m², built sometime between 1967 and 1975. It was last sold for £272,000 in September 2019, which was around 31% below the average September 2019 detached price in the Cardiff local authority area. The most recent EPC inspection was January 2019, where the current energy rating was C, and the potential energy rating was B.

118 RIDGEWAY ROAD Sold Prices

Land registry data shows two sales for 118 RIDGEWAY ROAD 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 118 RIDGEWAY ROAD 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 13 SEP	£272,000	£393,583	31% below HPI
1996 22 NOV	£84,000	£97,234	14% below HPI

118 RIDGEWAY ROAD 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 118 RIDGEWAY ROAD sales from November 1996 and September 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 November 1996 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the September 2019 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 118 RIDGEWAY ROAD?

118 RIDGEWAY ROAD is 115m² according to the EPC inspection conducted in January 2019. This puts it in the smallest 50% of detached houses in Cardiff, based on EPC data. The below chart shows the distribution of detached houses by size in Cardiff, and where 118 RIDGEWAY ROAD lies on this distribution: 44% of detached houses are smaller than 118 RIDGEWAY ROAD, and 55% of houses are larger. Note that EPC data is not available for all properties in Cardiff.

118 RIDGEWAY ROAD: Plot and Title Map

118 RIDGEWAY ROAD sits on a plot of roughly 0.116 of an acre, or 469m². The below map shows the location of 118 RIDGEWAY ROAD, 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 118 RIDGEWAY ROAD). 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 118 RIDGEWAY ROAD?

118 RIDGEWAY ROAD is located in RUMNEY, in the CF3 postcode district. The below map shows the position of No. 118 on RIDGEWAY ROAD.