38, OAKFIELDS, MARSHFIELD, CARDIFF, CF3 2EZ - £485,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

38 OAKFIELDS is a small detached house of 113m², built sometime between 1996 and 2002. It was last sold for £485,000 in September 2022, which was around 26% above the average September 2022 detached price in the Newport local authority area. The most recent EPC inspection was April 2014, where the current energy rating was E, and the potential energy rating was C.

38 OAKFIELDS Sold Prices

Land registry data shows two sales for 38 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 38 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
2022 22 SEP	£485,000	£384,418	26% above HPI
1997 16 JUL	£126,950	£92,897	37% above HPI

38 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 38 OAKFIELDS sales from July 1997 and September 2022 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 1997 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the September 2022 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is 38 OAKFIELDS?

38 OAKFIELDS is 113m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 40% of detached houses in Marshfield, based on EPC data. The below chart shows the distribution of detached houses by size in Marshfield, and where 38 OAKFIELDS lies on this distribution: 31% of detached houses are smaller than 38 OAKFIELDS, and 68% of houses are larger. Note that EPC data is not available for all properties in Marshfield.

38 OAKFIELDS: Plot and Title Map

38 OAKFIELDS sits on a plot of roughly 0.103 of an acre, or 416m². The below map shows the location of 38 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 38 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 38 OAKFIELDS?

38 OAKFIELDS is located in MARSHFIELD, in the CF3 postcode district. The below map shows the position of No. 38 on OAKFIELDS.