3, MAJOR ROAD, CARDIFF, CF5 1PF - £298,000

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 MAJOR ROAD is a small detached house of 98m², built sometime between 1900 and 1929. It was last sold for £298,000 in September 2018, which was around 23% below the average September 2018 detached price in the Cardiff local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was B.

3 MAJOR ROAD Sold Prices

Land registry data shows three sales for 3 MAJOR 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 Cardiff local authority area for the corresponding sale date. All of the three 3 MAJOR ROAD 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
2018 14 SEP	£298,000	£388,458	23% below HPI
2011 29 JUL	£207,500	£280,930	26% below HPI
2004 20 DEC	£204,000	£271,371	25% below HPI

3 MAJOR ROAD 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 3 MAJOR ROAD sales between December 2004 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 July 2011 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the September 2018 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 3 MAJOR ROAD?

3 MAJOR ROAD is 98m² according to the EPC inspection conducted in May 2018. This puts it in the smallest 30% 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 MAJOR ROAD lies on this distribution: 25% of detached houses are smaller than 3 MAJOR ROAD, and 74% of houses are larger. Note that EPC data is not available for all properties in Cardiff.

3 MAJOR ROAD: Plot and Title Map

3 MAJOR ROAD sits on a plot of roughly 0.029 of an acre, or 115m². The below map shows the location of 3 MAJOR 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 MAJOR 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 MAJOR ROAD?

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