3, MILLRACE CLOSE, LISVANE, CARDIFF, CF14 0UR - £630,000

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 MILLRACE CLOSE is a large extended detached house of 158m², built sometime between 1967 and 1975. It was last sold for £630,000 in July 2023, which was around 29% above the average July 2023 detached price in the Cardiff local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was C.

3 MILLRACE CLOSE Sold Prices

Land registry data shows five sales for 3 MILLRACE CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Cardiff local authority area for the corresponding sale date. All of the five 3 MILLRACE CLOSE 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
2023 19 JUL	£630,000	£488,440	29% above HPI
2019 23 JAN	£500,000	£389,277	28% above HPI
2009 15 SEP	£368,750	£270,799	36% above HPI
2007 1 JUN	£397,500	£292,483	36% above HPI
2001 12 APR	£203,000	£148,030	37% above HPI

3 MILLRACE CLOSE 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 five 3 MILLRACE CLOSE sales between April 2001 and July 2023 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 January 2019 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the July 2023 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is 3 MILLRACE CLOSE?

3 MILLRACE CLOSE is 158m², which includes three extensions, according to the EPC inspection conducted in March 2023. This puts it in the largest 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 MILLRACE CLOSE lies on this distribution: 77% of detached houses are smaller than 3 MILLRACE CLOSE, and 23% of houses are larger. Note that EPC data is not available for all properties in Cardiff.

3 MILLRACE CLOSE: Plot and Title Map

3 MILLRACE CLOSE sits on a plot of roughly 0.107 of an acre, or 434m². The below map shows the location of 3 MILLRACE CLOSE, 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 MILLRACE CLOSE). 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 MILLRACE CLOSE?

3 MILLRACE CLOSE is located in LISVANE, in the CF14 postcode district. The below map shows the position of No. 3 on MILLRACE CLOSE.