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
5 DESPENSER ROAD is a large extended detached house of 129m², built sometime between 1967 and 1975. It was last sold for £435,000 in June 2023, which was around 6% below the average June 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 D, and the potential energy rating was C.
Land registry data shows three sales for 5 DESPENSER ROAD 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. The three 5 DESPENSER ROAD sales were a mix of below the average price, and roughly equal to 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 14 JUN | £435,000 | £462,858 | 6% below HPI |
2006 15 DEC | £270,000 | £268,885 | Close to HPI |
2002 3 MAY | £125,000 | £155,524 | 20% below 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 5 DESPENSER ROAD sales between May 2002 and June 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 December 2006 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the June 2023 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.
5 DESPENSER ROAD is 129m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the largest 40% of detached houses in Barry, based on EPC data. The below chart shows the distribution of detached houses by size in Barry, and where 5 DESPENSER ROAD lies on this distribution: 67% of detached houses are smaller than 5 DESPENSER ROAD, and 32% of houses are larger. Note that EPC data is not available for all properties in Barry.
5 DESPENSER ROAD sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of 5 DESPENSER ROAD, 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 5 DESPENSER ROAD). 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.
5 DESPENSER ROAD is located in SULLY, in the CF64 postcode district. The below map shows the position of No. 5 on DESPENSER ROAD.