16, THE SHIRES, MARSHFIELD, CARDIFF, CF3 2AX - £299,950

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

16 THE SHIRES is a very small extended detached house of 86m², built sometime between 1996 and 2002. It was last sold for £299,950 in March 2021, which was around 10% below the average March 2021 detached price in the Newport local authority area. The most recent EPC inspection was January 2013, where the current energy rating was D, and the potential energy rating was B.

16 THE SHIRES Sold Prices

Land registry data shows four sales for 16 THE SHIRES since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Newport local authority area for the corresponding sale date. All of the four 16 THE SHIRES 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 29 MAR	£299,950	£333,106	10% below HPI
2014 9 MAY	£222,500	£228,635	3% below HPI
2005 3 NOV	£199,000	£230,895	14% below HPI
1997 22 AUG	£41,500	£94,011	56% below HPI

16 THE SHIRES Price Paid vs. HPI Average

The below graph shows the average detached house price in the Newport local authority area over time, sourced from the HPI. The four 16 THE SHIRES sales between August 1997 and March 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 May 2014 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the March 2021 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 16 THE SHIRES?

16 THE SHIRES is 86m², which includes one extension, according to the EPC inspection conducted in January 2013. This puts it in the smallest 10% of detached houses in Marshfield, based on EPC data. The below chart shows the distribution of detached houses by size in Marshfield, and where 16 THE SHIRES lies on this distribution: 6% of detached houses are smaller than 16 THE SHIRES, and 93% of houses are larger. Note that EPC data is not available for all properties in Marshfield.

16 THE SHIRES: Plot and Title Map

16 THE SHIRES sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 16 THE SHIRES, 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 THE SHIRES). 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 THE SHIRES?

16 THE SHIRES is located in MARSHFIELD, in the CF3 postcode district. The below map shows the position of No. 16 on THE SHIRES.