3, LARKWOOD AVENUE, PENARTH, CF64 3JJ - £500,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 LARKWOOD AVENUE is a midsized detached house of 125m², built sometime between 1950 and 1966, which could now be worth an estimated £652,614. It was last sold for £500,000 in September 2018, which was around 27% above the average September 2018 detached price in the Vale of Glamorgan local authority area. The most recent EPC inspection was April 2018, where the current energy rating was C, and the potential energy rating was C.

3 LARKWOOD AVENUE Sold Prices

Land registry data shows three sales for 3 LARKWOOD AVENUE 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. Two of the three 3 LARKWOOD AVENUE sales were for above the average price, whilst one was 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
2018 20 SEP	£500,000	£395,078	27% above HPI
1997 26 JUN	£140,000	£101,684	38% above HPI
1996 25 JUL	£85,000	£97,960	13% below HPI

3 LARKWOOD AVENUE 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 3 LARKWOOD AVENUE sales between July 1996 and September 2018 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 1997 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the September 2018 sale, where it falls to 27% above the HPI. The line then continues to track at 27% above the HPI.

What might 3 LARKWOOD AVENUE be worth now?

3 LARKWOOD AVENUE might now be worth an estimated £652,614.

This is based on house price inflation of 30.5%, between September 2018 and February 2025, for detached houses, in the Vale of Glamorgan local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 30.5% inflationary increase is applied to the most recent sale price for 3 LARKWOOD AVENUE of £500,000 on 20th September 2018. For the value to have increased from £500,000 to £652,614 over the seven years and seven months to February 2025, the following assumptions must hold true:

• The value of 3 LARKWOOD AVENUE has moved in line with the HPI for detached houses in the Vale of Glamorgan local authority area.
• The September 2018 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of 3 LARKWOOD AVENUE has not materially changed since September 2018.

How Large is 3 LARKWOOD AVENUE?

3 LARKWOOD AVENUE is 125m² according to the EPC inspection conducted in April 2018. This puts it in the smallest 50% of detached houses houses in Penarth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Penarth, and where 3 LARKWOOD AVENUE lies on this distribution: 41% of detached houses houses are smaller than 3 LARKWOOD AVENUE, and 57% of houses are larger. Note that EPC data is not available for all properties in Penarth.

3 LARKWOOD AVENUE: Plot and Title Map

3 LARKWOOD AVENUE sits on a plot of roughly 0.128 of an acre, or 518m². The below map shows the location of 3 LARKWOOD AVENUE, 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 LARKWOOD AVENUE). 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 LARKWOOD AVENUE?

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