3, THE SHIRES, MARSHFIELD, CARDIFF, CF3 2AW - £265,000

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 THE SHIRES is a very small extended detached house of 103m², built sometime between 1991 and 1995. It was last sold for £265,000 in August 2014, which was around 14% above the average August 2014 detached price in the Newport local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was B.

3 THE SHIRES Sold Prices

Land registry data shows two sales for 3 THE SHIRES 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. One of the two 3 THE SHIRES sales was for above the average price, whilst the other 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
2014 1 AUG	£265,000	£232,772	14% above HPI
2004 22 OCT	£210,000	£217,957	4% below HPI

3 THE SHIRES 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 THE SHIRES sales from October 2004 and August 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 October 2004 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the August 2014 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is 3 THE SHIRES?

3 THE SHIRES is 103m², which includes one extension, according to the EPC inspection conducted in June 2013. This puts it in the smallest 20% 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 THE SHIRES lies on this distribution: 18% of detached houses are smaller than 3 THE SHIRES, and 81% of houses are larger. Note that EPC data is not available for all properties in Marshfield.

3 THE SHIRES: Plot and Title Map

3 THE SHIRES sits on a plot of roughly 0.091 of an acre, or 367m². The below map shows the location of 3 THE SHIRES, 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 THE SHIRES). 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 THE SHIRES?

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