23, PROSPECT DRIVE, CARDIFF, CF5 2HL - £487,500

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

23 PROSPECT DRIVE is a midsized detached house of 121m², built sometime between 1991 and 1995. It was last sold for £487,500 in July 2013, which was around 68% above the average July 2013 detached price in the Cardiff local authority area. The most recent EPC inspection was June 2010, where the current energy rating was C, and the potential energy rating was C.

23 PROSPECT DRIVE Sold Prices

Land registry data shows three sales for 23 PROSPECT DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cardiff local authority area for the corresponding sale date. All of the three 23 PROSPECT DRIVE 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
2013 18 JUL	£487,500	£289,745	68% above HPI
1998 11 JUN	£200,000	£110,673	81% above HPI
1998 24 FEB	£165,000	£110,908	49% above HPI

23 PROSPECT DRIVE 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 three 23 PROSPECT DRIVE sales between February 1998 and July 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 June 1998 sale was for 81% above the HPI. So the extrapolation line tracks at 81% above the HPI over time, until the July 2013 sale, where it falls to 68% above the HPI. The line then continues to track at 68% above the HPI.

How Large is 23 PROSPECT DRIVE?

23 PROSPECT DRIVE is 121m² according to the EPC inspection conducted in June 2010. This puts it in the largest 50% of detached houses in Cardiff, based on EPC data. The below chart shows the distribution of detached houses by size in Cardiff, and where 23 PROSPECT DRIVE lies on this distribution: 50% of detached houses are smaller than 23 PROSPECT DRIVE, and 50% of houses are larger. Note that EPC data is not available for all properties in Cardiff.

23 PROSPECT DRIVE: Plot and Title Map

23 PROSPECT DRIVE sits on a plot of roughly 0.409 of an acre, or 1,654m². The below map shows the location of 23 PROSPECT DRIVE, 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 23 PROSPECT DRIVE). 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 23 PROSPECT DRIVE?

23 PROSPECT DRIVE is located in CARDIFF, in the CF5 postcode district. The below map shows the position of No. 23 on PROSPECT DRIVE.