2, THE WALK, RUMNEY, CARDIFF, CF3 3DP - £240,000

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 THE WALK is a very small extended detached house of 82m², built sometime between 1930 and 1949. It was last sold for £240,000 in January 2013, which was around 17% below the average January 2013 detached price in the Cardiff local authority area. The most recent EPC inspection was December 2014, where the current energy rating was E, and the potential energy rating was B.

2 THE WALK Sold Prices

Land registry data shows two sales for 2 THE WALK 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 THE WALK 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
2013 11 JAN	£240,000	£289,508	17% below HPI
1997 27 MAY	£67,000	£100,924	34% below HPI

2 THE WALK 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 THE WALK sales from May 1997 and January 2013 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 May 1997 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the January 2013 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 2 THE WALK?

2 THE WALK is 82m², which includes one extension, according to the EPC inspection conducted in December 2014. 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 THE WALK lies on this distribution: 11% of detached houses are smaller than 2 THE WALK, and 88% of houses are larger. Note that EPC data is not available for all properties in Cardiff.

2 THE WALK: Plot and Title Map

2 THE WALK sits on a plot of roughly 0.095 of an acre, or 384m². The below map shows the location of 2 THE WALK, 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 THE WALK). 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 THE WALK?

2 THE WALK is located in RUMNEY, in the CF3 postcode district. The below map shows the position of No. 2 on THE WALK.