18, LONGREACH CLOSE, CARDIFF, CF5 4TG - £275,000

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

18 LONGREACH CLOSE is a very small detached house of 91m², built sometime between 1967 and 1975. It was last sold for £275,000 in February 2023, which was around 44% below the average February 2023 detached price in the Cardiff local authority area. The most recent EPC inspection was November 2022, where the current energy rating was F, and the potential energy rating was B.

18 LONGREACH CLOSE Sold Prices

Land registry data shows two sales for 18 LONGREACH CLOSE 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 18 LONGREACH CLOSE 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
2023 17 FEB	£275,000	£494,273	44% below HPI
2002 26 FEB	£115,000	£166,203	31% below HPI

18 LONGREACH 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 two 18 LONGREACH CLOSE sales from February 2002 and February 2023 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 February 2002 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the February 2023 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 18 LONGREACH CLOSE?

18 LONGREACH CLOSE is 91m² according to the EPC inspection conducted in November 2022. This puts it in the smallest 20% 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 LONGREACH CLOSE lies on this distribution: 18% of detached houses are smaller than 18 LONGREACH CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Cardiff.

18 LONGREACH CLOSE: Plot and Title Map

18 LONGREACH CLOSE sits on a plot of roughly 0.084 of an acre, or 338m². The below map shows the location of 18 LONGREACH 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 18 LONGREACH 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 18 LONGREACH CLOSE?

18 LONGREACH CLOSE is located in CARDIFF, in the CF5 postcode district. The below map shows the position of No. 18 on LONGREACH CLOSE.