3, HERITAGE DRIVE, CARDIFF, CF5 5QD - £197,500

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 HERITAGE DRIVE is a very small detached house of 88m², built sometime between 2003 and 2006. It was last sold for £197,500 in October 2014, which was around 38% below the average October 2014 detached price in the Cardiff local authority area. The most recent EPC inspection was June 2014, where the current energy rating was C, and the potential energy rating was B.

3 HERITAGE DRIVE Sold Prices

Land registry data shows four sales for 3 HERITAGE DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cardiff local authority area for the corresponding sale date. All of the four 3 HERITAGE DRIVE 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
2014 31 OCT	£197,500	£320,650	38% below HPI
2007 13 JUL	£184,950	£297,533	38% below HPI
2005 21 OCT	£160,000	£276,408	42% below HPI
2003 11 JUN	£129,950	£217,093	40% below HPI

3 HERITAGE 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 four 3 HERITAGE DRIVE sales between June 2003 and October 2014 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 July 2007 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the October 2014 sale, which was also at 38% below the HPI.

How Large is 3 HERITAGE DRIVE?

3 HERITAGE DRIVE is 88m² according to the EPC inspection conducted in June 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 3 HERITAGE DRIVE lies on this distribution: 15% of detached houses are smaller than 3 HERITAGE DRIVE, and 84% of houses are larger. Note that EPC data is not available for all properties in Cardiff.

3 HERITAGE DRIVE: Plot and Title Map

3 HERITAGE DRIVE sits on a plot of roughly 0.058 of an acre, or 236m². The below map shows the location of 3 HERITAGE 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 3 HERITAGE 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 3 HERITAGE DRIVE?

3 HERITAGE DRIVE is located in CARDIFF, in the CF5 postcode district. The below map shows the position of No. 3 on HERITAGE DRIVE.