38, SPENCER DRIVE, LLANDOUGH, PENARTH, CF64 2LR - £282,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

38 SPENCER DRIVE is a very small extended semi-detached house of 63m², built sometime between 1991 and 1995, which could now be worth an estimated £293,639. It was last sold for £282,000 in November 2023, which was around 2% below the average November 2023 semi-detached price in the Vale of Glamorgan local authority area. The most recent EPC inspection was July 2023, where the current energy rating was C, and the potential energy rating was B.

38 SPENCER DRIVE Sold Prices

Land registry data shows two sales for 38 SPENCER DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Vale of Glamorgan local authority area for the corresponding sale date. Both of the two 38 SPENCER DRIVE 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
2023 17 NOV	£282,000	£287,791	2% below HPI
2017 13 OCT	£182,500	£216,214	16% below HPI

38 SPENCER DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Vale of Glamorgan local authority area over time, sourced from the HPI. The two 38 SPENCER DRIVE sales from October 2017 and November 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 October 2017 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the November 2023 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 38 SPENCER DRIVE be worth now?

38 SPENCER DRIVE might now be worth an estimated £293,639.

This is based on house price inflation of 4.1%, between November 2023 and February 2025, for semi-detached houses, in the Vale of Glamorgan local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4.1% inflationary increase is applied to the most recent sale price for 38 SPENCER DRIVE of £282,000 on 17th November 2023. For the value to have increased from £282,000 to £293,639 over the two years and nine months to February 2025, the following assumptions must hold true:

• The value of 38 SPENCER DRIVE has moved in line with the HPI for semi-detached houses in the Vale of Glamorgan local authority area.
• The November 2023 sale price of £282,000 represented a fair market value for the property.
• The size, condition, and specification of 38 SPENCER DRIVE has not materially changed since November 2023.

How Large is 38 SPENCER DRIVE?

38 SPENCER DRIVE is 63m², which includes one extension, according to the EPC inspection conducted in July 2023. This puts it in the smallest 10% of semi-detached houses houses in Penarth, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Penarth, and where 38 SPENCER DRIVE lies on this distribution: 2% of semi-detached houses houses are smaller than 38 SPENCER DRIVE, and 98% of houses are larger. Note that EPC data is not available for all properties in Penarth.

38 SPENCER DRIVE: Plot and Title Map

38 SPENCER DRIVE sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of 38 SPENCER DRIVE, 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 SPENCER DRIVE). 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 SPENCER DRIVE?

38 SPENCER DRIVE is located in LLANDOUGH, in the CF64 postcode district. The below map shows the position of No. 38 on SPENCER DRIVE.