9, REDLANDS ROAD, PENARTH, CF64 2WD - £315,000

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

9 REDLANDS ROAD is a very small detached house of 99m², built sometime between 1900 and 1929. It was last sold for £315,000 in August 2021, which was around 23% below the average August 2021 detached price in the Vale of Glamorgan local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.

9 REDLANDS ROAD Sold Prices

Land registry data shows three sales for 9 REDLANDS ROAD since 1^st 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. All of the three 9 REDLANDS ROAD 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
2021 17 AUG	£315,000	£408,237	23% below HPI
2017 28 JUL	£220,000	£336,314	35% below HPI
2000 29 SEP	£80,000	£125,296	36% below HPI

9 REDLANDS ROAD 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 three 9 REDLANDS ROAD sales between September 2000 and August 2021 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 July 2017 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the August 2021 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 9 REDLANDS ROAD?

9 REDLANDS ROAD is 99m² according to the EPC inspection conducted in May 2013. This puts it in the smallest 20% of detached houses in Penarth, based on EPC data. The below chart shows the distribution of detached houses by size in Penarth, and where 9 REDLANDS ROAD lies on this distribution: 20% of detached houses are smaller than 9 REDLANDS ROAD, and 79% of houses are larger. Note that EPC data is not available for all properties in Penarth.

9 REDLANDS ROAD: Plot and Title Map

9 REDLANDS ROAD sits on a plot of roughly 0.039 of an acre, or 157m². The below map shows the location of 9 REDLANDS 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 9 REDLANDS 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.

Where is 9 REDLANDS ROAD?

9 REDLANDS ROAD is located in PENARTH, in the CF64 postcode district. The below map shows the position of No. 9 on REDLANDS ROAD.