18, PALACE ROAD, CARDIFF, CF5 2AF - £835,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

18 PALACE ROAD is a very large detached house of 222m², built sometime between 1900 and 1929, which could now be worth an estimated £1,075,964. It was last sold for £835,000 in October 2019, which was around 106% above the average October 2019 detached price in the Cardiff local authority area. The most recent EPC inspection was October 2016, where the current energy rating was E, and the potential energy rating was C.

18 PALACE ROAD Sold Prices

Land registry data shows four sales for 18 PALACE ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cardiff local authority area for the corresponding sale date. All of the four 18 PALACE ROAD 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
2019 21 OCT	£835,000	£405,662	106% above HPI
2009 30 JUL	£650,000	£269,871	141% above HPI
2004 6 JUL	£440,000	£261,418	68% above HPI
2004 25 FEB	£400,000	£240,453	66% above HPI

18 PALACE ROAD 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 four 18 PALACE ROAD sales between February 2004 and October 2019 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 July 2009 sale was for 141% above the HPI. So the extrapolation line tracks at 141% above the HPI over time, until the October 2019 sale, where it falls to 106% above the HPI. The line then continues to track at 106% above the HPI.

What might 18 PALACE ROAD be worth now?

18 PALACE ROAD might now be worth an estimated £1,075,964.

This is based on house price inflation of 28.9%, between October 2019 and February 2025, for detached houses, in the Cardiff local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 28.9% inflationary increase is applied to the most recent sale price for 18 PALACE ROAD of £835,000 on 21st October 2019. For the value to have increased from £835,000 to £1,075,964 over the six years and eight months to February 2025, the following assumptions must hold true:

• The value of 18 PALACE ROAD has moved in line with the HPI for detached houses in the Cardiff local authority area.
• The October 2019 sale price of £835,000 represented a fair market value for the property.
• The size, condition, and specification of 18 PALACE ROAD has not materially changed since October 2019.

How Large is 18 PALACE ROAD?

18 PALACE ROAD is 222m² according to the EPC inspection conducted in October 2016. This puts it in the largest 10% of detached houses houses in Cardiff, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cardiff, and where 18 PALACE ROAD lies on this distribution: 93% of detached houses houses are smaller than 18 PALACE ROAD, and 7% of houses are larger. Note that EPC data is not available for all properties in Cardiff.

18 PALACE ROAD: Plot and Title Map

18 PALACE ROAD sits on a plot of roughly 0.108 of an acre, or 437m². The below map shows the location of 18 PALACE ROAD, 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 PALACE ROAD). 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 PALACE ROAD?

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