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
18 HERITAGE DRIVE is a very small detached house of 78m², built sometime between 2003 and 2006. It was last sold for £230,000 in October 2021, which was around 48% below the average October 2021 detached price in the Cardiff local authority area. The most recent EPC inspection was February 2014, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows five sales for 18 HERITAGE DRIVE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Cardiff local authority area for the corresponding sale date. All of the five 18 HERITAGE DRIVE 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 19 OCT | £230,000 | £443,188 | 48% below HPI |
2014 9 MAY | £169,000 | £309,581 | 45% below HPI |
2005 11 NOV | £143,000 | £278,571 | 49% below HPI |
2004 16 JAN | £142,500 | £231,367 | 38% below HPI |
2003 25 SEP | £121,000 | £226,231 | 47% below HPI |
The below graph shows the average detached house price in the Cardiff local authority area over time, sourced from the HPI. The five 18 HERITAGE DRIVE sales between September 2003 and October 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 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the October 2021 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.
18 HERITAGE DRIVE is 78m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 10% of detached houses in Cardiff, based on EPC data. The below chart shows the distribution of detached houses by size in Cardiff, and where 18 HERITAGE DRIVE lies on this distribution: 8% of detached houses are smaller than 18 HERITAGE DRIVE, and 92% of houses are larger. Note that EPC data is not available for all properties in Cardiff.
18 HERITAGE DRIVE sits on a plot of roughly 0.050 of an acre, or 201m². The below map shows the location of 18 HERITAGE 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 18 HERITAGE 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.
18 HERITAGE DRIVE is located in CARDIFF, in the CF5 postcode district. The below map shows the position of No. 18 on HERITAGE DRIVE.