2, PATREANE WAY, CARDIFF, CF5 4SA - £187,000

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

2 PATREANE WAY is a very small extended detached house of 89m², built sometime between 1976 and 1982. It was last sold for £187,000 in June 2006, which was around 31% below the average June 2006 detached price in the Cardiff local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was B.

2 PATREANE WAY Sold Prices

Land registry data shows two sales for 2 PATREANE WAY 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 2 PATREANE WAY 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
2006 28 JUN	£187,000	£270,466	31% below HPI
2000 28 JUL	£112,000	£135,290	17% below HPI

2 PATREANE WAY 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 2 PATREANE WAY sales from July 2000 and June 2006 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 2000 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the June 2006 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 2 PATREANE WAY?

2 PATREANE WAY is 89m², which includes one extension, according to the EPC inspection conducted in June 2019. 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 2 PATREANE WAY lies on this distribution: 16% of detached houses are smaller than 2 PATREANE WAY, and 83% of houses are larger. Note that EPC data is not available for all properties in Cardiff.

2 PATREANE WAY: Plot and Title Map

2 PATREANE WAY sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 2 PATREANE WAY, 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 2 PATREANE WAY). 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 2 PATREANE WAY?

2 PATREANE WAY is located in CARDIFF, in the CF5 postcode district. The below map shows the position of No. 2 on PATREANE WAY.