41, MILLRACE CLOSE, LISVANE, CARDIFF, CF14 0UQ - £307,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

41 MILLRACE CLOSE is a large extended detached house of 133m², built sometime between 1976 and 1982, which could now be worth an estimated £506,230. It was last sold for £307,000 in May 2014, which was around 3% below the average May 2014 detached price in the Cardiff local authority area. The most recent EPC inspection was September 2024, where the current energy rating was C, and the potential energy rating was B.

41 MILLRACE CLOSE Sold Prices

Land registry data shows three sales for 41 MILLRACE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cardiff local authority area for the corresponding sale date. Two of the three 41 MILLRACE CLOSE sales were for below the average price, whilst one was 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
2014 20 MAY	£307,000	£317,005	3% below HPI
2007 3 SEP	£295,000	£311,846	5% below HPI
1998 2 JUN	£118,500	£113,327	5% above HPI

41 MILLRACE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cardiff local authority area over time, sourced from the HPI. The three 41 MILLRACE CLOSE sales between June 1998 and May 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 September 2007 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the May 2014 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 41 MILLRACE CLOSE be worth now?

41 MILLRACE CLOSE might now be worth an estimated £506,230.

This is based on house price inflation of 64.9%, between May 2014 and February 2025, for detached houses, in the Cardiff local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 64.9% inflationary increase is applied to the most recent sale price for 41 MILLRACE CLOSE of £307,000 on 20th May 2014. For the value to have increased from £307,000 to £506,230 over the eleven years and three months to February 2025, the following assumptions must hold true:

• The value of 41 MILLRACE CLOSE has moved in line with the HPI for detached houses in the Cardiff local authority area.
• The May 2014 sale price of £307,000 represented a fair market value for the property.
• The size, condition, and specification of 41 MILLRACE CLOSE has not materially changed since May 2014.

How Large is 41 MILLRACE CLOSE?

41 MILLRACE CLOSE is 133m², which includes one extension, according to the EPC inspection conducted in September 2024. This puts it in the largest 40% of detached houses houses in Cardiff, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cardiff, and where 41 MILLRACE CLOSE lies on this distribution: 62% of detached houses houses are smaller than 41 MILLRACE CLOSE, and 37% of houses are larger. Note that EPC data is not available for all properties in Cardiff.

41 MILLRACE CLOSE: Plot and Title Map

41 MILLRACE CLOSE sits on a plot of roughly 0.085 of an acre, or 344m². The below map shows the location of 41 MILLRACE CLOSE, 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 41 MILLRACE CLOSE). 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 41 MILLRACE CLOSE?

41 MILLRACE CLOSE is located in LISVANE, in the CF14 postcode district. The below map shows the position of No. 41 on MILLRACE CLOSE.