12, READERS WAY, RHOOSE, BARRY, CF62 3HP - £262,000

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

12 READERS WAY is a very small detached house of 92m², built sometime between 1991 and 1995. It was last sold for £262,000 in April 2021, which was around 33% below the average April 2021 detached price in the Vale of Glamorgan local authority area. The most recent EPC inspection was December 2015, where the current energy rating was D, and the potential energy rating was A.

12 READERS WAY Sold Prices

Land registry data shows six sales for 12 READERS WAY since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Vale of Glamorgan local authority area for the corresponding sale date. All of the six 12 READERS WAY 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
2021 28 APR	£262,000	£390,372	33% below HPI
2017 21 NOV	£185,000	£350,317	47% below HPI
2003 4 APR	£127,950	£182,871	30% below HPI
2001 27 JUN	£86,950	£129,247	33% below HPI
1998 19 JUN	£69,950	£106,165	34% below HPI
1995 2 JUN	£71,995	£89,711	20% below HPI

12 READERS WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Vale of Glamorgan local authority area over time, sourced from the HPI. The six 12 READERS WAY sales between June 1995 and April 2021 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 2017 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the April 2021 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 12 READERS WAY?

12 READERS WAY is 92m² according to the EPC inspection conducted in December 2015. This puts it in the smallest 20% of detached houses in Rhoose, based on EPC data. The below chart shows the distribution of detached houses by size in Rhoose, and where 12 READERS WAY lies on this distribution: 15% of detached houses are smaller than 12 READERS WAY, and 84% of houses are larger. Note that EPC data is not available for all properties in Rhoose.

12 READERS WAY: Plot and Title Map

12 READERS WAY sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of 12 READERS 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 12 READERS 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 12 READERS WAY?

12 READERS WAY is located in RHOOSE, in the CF62 postcode district. The below map shows the position of No. 12 on READERS WAY.