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
4 COSMESTON DRIVE is a small extended detached house of 119m², built sometime between 1983 and 1990. It was last sold for £525,000 in July 2023, which was around 9% above the average July 2023 detached price in the Vale of Glamorgan local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 4 COSMESTON DRIVE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Vale of Glamorgan local authority area for the corresponding sale date. Two of the three 4 COSMESTON DRIVE sales were for above the average price, whilst one 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 |
---|---|---|---|
2023 19 JUL | £525,000 | £481,379 | 9% above HPI |
2006 16 MAR | £245,000 | £256,987 | 5% below HPI |
2000 21 DEC | £154,500 | £128,133 | 21% above HPI |
The below graph shows the average detached house price in the Vale of Glamorgan local authority area over time, sourced from the HPI. The three 4 COSMESTON DRIVE sales between December 2000 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 March 2006 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the July 2023 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.
4 COSMESTON DRIVE is 119m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the smallest 40% of detached houses in Penarth, based on EPC data. The below chart shows the distribution of detached houses by size in Penarth, and where 4 COSMESTON DRIVE lies on this distribution: 36% of detached houses are smaller than 4 COSMESTON DRIVE, and 64% of houses are larger. Note that EPC data is not available for all properties in Penarth.
4 COSMESTON DRIVE sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 4 COSMESTON 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 4 COSMESTON 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.
4 COSMESTON DRIVE is located in PENARTH, in the CF64 postcode district. The below map shows the position of No. 4 on COSMESTON DRIVE.