24, FORREST ROAD, PENARTH, CF64 5BT - £935,000

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

24 FORREST ROAD is a large extended detached house of 181m², built sometime between 1950 and 1966. It was last sold for £935,000 in July 2022, which was around 102% above the average July 2022 detached price in the Vale of Glamorgan local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

24 FORREST ROAD Sold Prices

Land registry data shows three sales for 24 FORREST ROAD 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 24 FORREST ROAD 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
2022 22 JUL	£935,000	£462,706	102% above HPI
2014 1 AUG	£600,000	£310,439	93% above HPI
2013 25 OCT	£330,000	£285,898	15% above HPI

24 FORREST 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 three 24 FORREST ROAD sales between October 2013 and July 2022 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 August 2014 sale was for 93% above the HPI. So the extrapolation line tracks at 93% above the HPI over time, until the July 2022 sale, where it rises to 102% above the HPI. The line then continues to track at 102% above the HPI.

How Large is 24 FORREST ROAD?

24 FORREST ROAD is 181m², which includes two extensions, according to the EPC inspection conducted in May 2022. This puts it in the largest 30% of detached houses in Penarth, based on EPC data. The below chart shows the distribution of detached houses by size in Penarth, and where 24 FORREST ROAD lies on this distribution: 77% of detached houses are smaller than 24 FORREST ROAD, and 22% of houses are larger. Note that EPC data is not available for all properties in Penarth.

24 FORREST ROAD: Plot and Title Map

24 FORREST ROAD sits on a plot of roughly 0.174 of an acre, or 706m². The below map shows the location of 24 FORREST 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 24 FORREST 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 24 FORREST ROAD?

24 FORREST ROAD is located in PENARTH, in the CF64 postcode district. The below map shows the position of No. 24 on FORREST ROAD.