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

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

18 PALACE ROAD is a very large detached house of 222m², built sometime between 1900 and 1929. It was last sold for £835,000 in October 2019, which was around 111% 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	£396,161	111% above HPI
2009 30 JUL	£650,000	£263,551	147% above HPI
2004 6 JUL	£440,000	£255,296	72% above HPI
2004 25 FEB	£400,000	£234,822	70% 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 147% above the HPI. So the extrapolation line tracks at 147% above the HPI over time, until the October 2019 sale, where it falls to 111% above the HPI. The line then continues to track at 111% above the HPI.

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 in Cardiff, based on EPC data. The below chart shows the distribution of detached houses by size in Cardiff, and where 18 PALACE ROAD lies on this distribution: 93% of detached 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.