8, READERS WAY, RHOOSE, BARRY, CF62 3HP - £380,000

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

8 READERS WAY is a small detached house of 103m², built sometime between 1996 and 2002. It was last sold for £380,000 in October 2022, which was around 20% below the average October 2022 detached price in the Vale of Glamorgan local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was B.

8 READERS WAY Sold Prices

Land registry data shows five sales for 8 READERS WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Vale of Glamorgan local authority area for the corresponding sale date. All of the five 8 READERS WAY 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
2022 7 OCT	£380,000	£475,027	20% below HPI
2019 4 NOV	£278,000	£372,022	25% below HPI
2009 22 MAY	£180,000	£246,136	27% below HPI
2005 27 MAY	£197,000	£241,842	19% below HPI
1998 10 JUL	£84,000	£106,834	21% below HPI

8 READERS WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Vale of Glamorgan local authority area over time, sourced from the HPI. The five 8 READERS WAY sales between July 1998 and October 2022 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 November 2019 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the October 2022 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 8 READERS WAY?

8 READERS WAY is 103m² according to the EPC inspection conducted in March 2019. This puts it in the smallest 30% of detached houses in Rhoose, based on EPC data. The below chart shows the distribution of detached houses by size in Rhoose, and where 8 READERS WAY lies on this distribution: 23% of detached houses are smaller than 8 READERS WAY, and 76% of houses are larger. Note that EPC data is not available for all properties in Rhoose.

8 READERS WAY: Plot and Title Map

8 READERS WAY sits on a plot of roughly 0.097 of an acre, or 391m². The below map shows the location of 8 READERS WAY, 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 8 READERS WAY). 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 8 READERS WAY?

8 READERS WAY is located in RHOOSE, in the CF62 postcode district. The below map shows the position of No. 8 on READERS WAY.