8, RHODODENDRON CLOSE, CARDIFF, CF23 7HS - £190,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 RHODODENDRON CLOSE is a very small detached house of 83m², built sometime between 1976 and 1982, which could now be worth an estimated £318,025. It was last sold for £190,000 in February 2014, which was around 39% below the average February 2014 detached price in the Cardiff local authority area. The most recent EPC inspection was September 2013, where the current energy rating was C, and the potential energy rating was B.

8 RHODODENDRON CLOSE Sold Prices

Land registry data shows three sales for 8 RHODODENDRON 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. All of the three 8 RHODODENDRON CLOSE 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
2014 28 FEB	£190,000	£309,061	39% below HPI
2006 27 OCT	£190,000	£294,321	35% below HPI
2002 30 SEP	£132,000	£195,021	32% below HPI

8 RHODODENDRON 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 8 RHODODENDRON CLOSE sales between September 2002 and February 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 October 2006 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the February 2014 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

What might 8 RHODODENDRON CLOSE be worth now?

8 RHODODENDRON CLOSE might now be worth an estimated £318,025.

This is based on house price inflation of 67.4%, between February 2014 and June 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 67.4% inflationary increase is applied to the most recent sale price for 8 RHODODENDRON CLOSE of £190,000 on 28th February 2014. For the value to have increased from £190,000 to £318,025 over the ten years and eight months to June 2025, the following assumptions must hold true:

• The value of 8 RHODODENDRON CLOSE has moved in line with the HPI for detached houses in the Cardiff local authority area.
• The February 2014 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 8 RHODODENDRON CLOSE has not materially changed since February 2014.

How Large is 8 RHODODENDRON CLOSE?

8 RHODODENDRON CLOSE is 83m² according to the EPC inspection conducted in September 2013. This puts it in the smallest 20% 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 8 RHODODENDRON CLOSE lies on this distribution: 11% of detached houses houses are smaller than 8 RHODODENDRON CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Cardiff.

8 RHODODENDRON CLOSE: Plot and Title Map

8 RHODODENDRON CLOSE sits on a plot of roughly 0.055 of an acre, or 224m². The below map shows the location of 8 RHODODENDRON 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 8 RHODODENDRON 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 8 RHODODENDRON CLOSE?

8 RHODODENDRON CLOSE is located in CARDIFF, in the CF23 postcode district. The below map shows the position of No. 8 on RHODODENDRON CLOSE.