204, REDLANDS ROAD, PENARTH, CF64 2QS - £350,000

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

204 REDLANDS ROAD is a small extended detached house of 115m², built sometime between 1967 and 1975. It was last sold for £350,000 in May 2023, which was around 24% below the average May 2023 detached price in the Vale of Glamorgan local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was C.

204 REDLANDS ROAD Sold Prices

Land registry data shows four sales for 204 REDLANDS 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 Vale of Glamorgan local authority area for the corresponding sale date. Most of the four 204 REDLANDS ROAD 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
2023 23 MAY	£350,000	£458,332	24% below HPI
2011 21 JUN	£250,000	£272,179	8% below HPI
2004 5 MAR	£225,000	£217,018	4% above HPI
2003 15 MAY	£163,000	£188,643	14% below HPI

204 REDLANDS ROAD 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 four 204 REDLANDS ROAD sales between May 2003 and May 2023 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 June 2011 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the May 2023 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 204 REDLANDS ROAD?

204 REDLANDS ROAD is 115m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the smallest 40% of detached houses in Penarth, based on EPC data. The below chart shows the distribution of detached houses by size in Penarth, and where 204 REDLANDS ROAD lies on this distribution: 32% of detached houses are smaller than 204 REDLANDS ROAD, and 68% of houses are larger. Note that EPC data is not available for all properties in Penarth.

204 REDLANDS ROAD: Plot and Title Map

204 REDLANDS ROAD sits on a plot of roughly 0.076 of an acre, or 306m². The below map shows the location of 204 REDLANDS 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 204 REDLANDS 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 204 REDLANDS ROAD?

204 REDLANDS ROAD is located in PENARTH, in the CF64 postcode district. The below map shows the position of No. 204 on REDLANDS ROAD.