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
7 HEOL AER is a very small detached house of 74m², built sometime between 1930 and 1949. It was last sold for £315,000 in November 2017, which was around 15% below the average November 2017 detached price in the Cardiff local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 7 HEOL AER since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cardiff local authority area for the corresponding sale date. All of the four 7 HEOL AER 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 |
---|---|---|---|
2017 3 NOV | £315,000 | £371,212 | 15% below HPI |
2005 20 MAY | £239,000 | £271,076 | 12% below HPI |
2003 17 OCT | £187,500 | £228,859 | 18% below HPI |
2002 9 JAN | £125,500 | £162,199 | 23% below HPI |
The below graph shows the average detached house price in the Cardiff local authority area over time, sourced from the HPI. The four 7 HEOL AER sales between January 2002 and November 2017 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 May 2005 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the November 2017 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.
7 HEOL AER is 74m² according to the EPC inspection conducted in May 2017. This puts it in the smallest 10% of detached houses in Cardiff, based on EPC data. The below chart shows the distribution of detached houses by size in Cardiff, and where 7 HEOL AER lies on this distribution: 6% of detached houses are smaller than 7 HEOL AER, and 94% of houses are larger. Note that EPC data is not available for all properties in Cardiff.
7 HEOL AER sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 7 HEOL AER, 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 7 HEOL AER). 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.
7 HEOL AER is located in CARDIFF, in the CF14 postcode district. The below map shows the position of No. 7 on HEOL AER.