16, MILLRACE CLOSE, LISVANE, CARDIFF, CF14 0UR - £530,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

16 MILLRACE CLOSE is a large extended detached house of 145m², built sometime between 1967 and 1975. It was last sold for £530,000 in November 2020, which was around 29% above the average November 2020 detached price in the Cardiff local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.

16 MILLRACE CLOSE Sold Prices

Land registry data shows three sales for 16 MILLRACE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cardiff local authority area for the corresponding sale date. All of the three 16 MILLRACE CLOSE 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
2020 27 NOV	£530,000	£411,513	29% above HPI
2002 2 JAN	£220,000	£162,199	36% above HPI
1997 21 MAR	£135,000	£100,151	35% above HPI

16 MILLRACE CLOSE 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 three 16 MILLRACE CLOSE sales between March 1997 and November 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 January 2002 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the November 2020 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is 16 MILLRACE CLOSE?

16 MILLRACE CLOSE is 145m², which includes one extension, according to the EPC inspection conducted in February 2020. This puts it in the largest 30% of detached houses in Cardiff, based on EPC data. The below chart shows the distribution of detached houses by size in Cardiff, and where 16 MILLRACE CLOSE lies on this distribution: 71% of detached houses are smaller than 16 MILLRACE CLOSE, and 29% of houses are larger. Note that EPC data is not available for all properties in Cardiff.

16 MILLRACE CLOSE: Plot and Title Map

16 MILLRACE CLOSE sits on a plot of roughly 0.089 of an acre, or 358m². The below map shows the location of 16 MILLRACE CLOSE, 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 16 MILLRACE CLOSE). 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 16 MILLRACE CLOSE?

16 MILLRACE CLOSE is located in LISVANE, in the CF14 postcode district. The below map shows the position of No. 16 on MILLRACE CLOSE.