3, FORREST ROAD, PENARTH, CF64 5BT - £595,000

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

3 FORREST ROAD is a large extended detached house of 190m², built sometime between 1950 and 1966. It was last sold for £595,000 in June 2015, which was around 94% above the average June 2015 detached price in the Vale of Glamorgan local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was C.

3 FORREST ROAD Sold Prices

Land registry data shows two sales for 3 FORREST ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Vale of Glamorgan local authority area for the corresponding sale date. Both of the two 3 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
2015 5 JUN	£595,000	£306,264	94% above HPI
2013 23 DEC	£312,000	£287,253	9% above HPI

3 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 two 3 FORREST ROAD sales from December 2013 and June 2015 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 December 2013 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the June 2015 sale, where it rises to 94% above the HPI. The line then continues to track at 94% above the HPI.

How Large is 3 FORREST ROAD?

3 FORREST ROAD is 190m², which includes one extension, according to the EPC inspection conducted in November 2014. 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 3 FORREST ROAD lies on this distribution: 80% of detached houses are smaller than 3 FORREST ROAD, and 20% of houses are larger. Note that EPC data is not available for all properties in Penarth.

3 FORREST ROAD: Plot and Title Map

3 FORREST ROAD sits on a plot of roughly 0.164 of an acre, or 662m². The below map shows the location of 3 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 3 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 3 FORREST ROAD?

3 FORREST ROAD is located in PENARTH, in the CF64 postcode district. The below map shows the position of No. 3 on FORREST ROAD.