OAK HOUSE, WELLFIELD ROAD, MARSHFIELD, CARDIFF, CF3 2UB - £595,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

OAK HOUSE is a very large extended detached house of 214m², built sometime between 1996 and 2002. It was last sold for £595,000 in August 2022, which was around 55% above the average August 2022 detached price in the Newport local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was C.

OAK HOUSE Sold Prices

Land registry data shows two sales for OAK HOUSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Newport local authority area for the corresponding sale date. Both of the two OAK HOUSE sales were for above 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 16 AUG	£595,000	£383,368	55% above HPI
2004 18 MAR	£348,230	£198,420	76% above HPI

OAK HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Newport local authority area over time, sourced from the HPI. The two OAK HOUSE sales from March 2004 and August 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 March 2004 sale was for 76% above the HPI. So the extrapolation line tracks at 76% above the HPI over time, until the August 2022 sale, where it falls to 55% above the HPI. The line then continues to track at 55% above the HPI.

How Large is OAK HOUSE?

OAK HOUSE is 214m², which includes one extension, according to the EPC inspection conducted in July 2023. This puts it in the largest 10% of detached houses in Marshfield, based on EPC data. The below chart shows the distribution of detached houses by size in Marshfield, and where OAK HOUSE lies on this distribution: 95% of detached houses are smaller than OAK HOUSE, and 5% of houses are larger. Note that EPC data is not available for all properties in Marshfield.

OAK HOUSE: Plot and Title Map

OAK HOUSE sits on a plot of roughly 0.089 of an acre, or 359m². The below map shows the location of OAK HOUSE, 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 OAK HOUSE). 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 OAK HOUSE?

OAK HOUSE is located on WELLFIELD ROAD in MARSHFIELD, in the CF3 postcode district. The below map shows the position of OAK HOUSE on WELLFIELD ROAD.