2, TEASEL AVENUE, PENARTH, CF64 2QE - £285,000

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

2 TEASEL AVENUE is a very small extended detached house of 88m², built sometime between 1950 and 1966. It was last sold for £285,000 in August 2021, which was around 30% below the average August 2021 detached price in the Vale of Glamorgan local authority area. The most recent EPC inspection was November 2020, where the current energy rating was D, and the potential energy rating was B.

2 TEASEL AVENUE Sold Prices

Land registry data shows three sales for 2 TEASEL AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Vale of Glamorgan local authority area for the corresponding sale date. All of the three 2 TEASEL AVENUE 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 13 AUG	£285,000	£408,237	30% below HPI
1999 25 FEB	£90,000	£106,605	16% below HPI
1996 11 OCT	£67,500	£93,745	28% below HPI

2 TEASEL AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Vale of Glamorgan local authority area over time, sourced from the HPI. The three 2 TEASEL AVENUE sales between October 1996 and August 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 February 1999 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the August 2021 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 2 TEASEL AVENUE?

2 TEASEL AVENUE is 88m², which includes two extensions, according to the EPC inspection conducted in November 2020. This puts it in the smallest 20% of detached houses in Penarth, based on EPC data. The below chart shows the distribution of detached houses by size in Penarth, and where 2 TEASEL AVENUE lies on this distribution: 11% of detached houses are smaller than 2 TEASEL AVENUE, and 88% of houses are larger. Note that EPC data is not available for all properties in Penarth.

2 TEASEL AVENUE: Plot and Title Map

2 TEASEL AVENUE sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 2 TEASEL AVENUE, 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 TEASEL AVENUE). 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 TEASEL AVENUE?

2 TEASEL AVENUE is located in PENARTH, in the CF64 postcode district. The below map shows the position of No. 2 on TEASEL AVENUE.