3, OAKFIELDS, MARSHFIELD, CARDIFF, CF3 2EZ - £295,000

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 OAKFIELDS is a midsized detached house of 128m², built sometime between 1991 and 1995. It was last sold for £295,000 in May 2011, which was around 37% above the average May 2011 detached price in the Newport local authority area. The most recent EPC inspection was May 2010, where the current energy rating was D, and the potential energy rating was D.

3 OAKFIELDS Sold Prices

Land registry data shows two sales for 3 OAKFIELDS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Newport local authority area for the corresponding sale date. Both of the two 3 OAKFIELDS 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
2011 9 MAY	£295,000	£215,734	37% above HPI
1997 7 NOV	£140,000	£95,631	46% above HPI

3 OAKFIELDS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Newport local authority area over time, sourced from the HPI. The two 3 OAKFIELDS sales from November 1997 and May 2011 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 November 1997 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the May 2011 sale, where it falls to 37% above the HPI. The line then continues to track at 37% above the HPI.

How Large is 3 OAKFIELDS?

3 OAKFIELDS is 128m² according to the EPC inspection conducted in May 2010. This puts it in the largest 50% of detached houses in Marshfield, based on EPC data. The below chart shows the distribution of detached houses by size in Marshfield, and where 3 OAKFIELDS lies on this distribution: 57% of detached houses are smaller than 3 OAKFIELDS, and 43% of houses are larger. Note that EPC data is not available for all properties in Marshfield.

3 OAKFIELDS: Plot and Title Map

3 OAKFIELDS sits on a plot of roughly 0.116 of an acre, or 471m². The below map shows the location of 3 OAKFIELDS, 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 OAKFIELDS). 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 OAKFIELDS?

3 OAKFIELDS is located in MARSHFIELD, in the CF3 postcode district. The below map shows the position of No. 3 on OAKFIELDS.