PARK LODGE, MILL LANE, CASTLETON, CARDIFF, CF3 2UT - £432,000

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

PARK LODGE is a large extended detached house of 220m², built sometime between 1967 and 1975. It was last sold for £432,000 in March 2016, which was around 80% above the average March 2016 detached price in the Newport local authority area. The most recent EPC inspection was April 2012, where the current energy rating was E, and the potential energy rating was C.

PARK LODGE Sold Prices

Land registry data shows three sales for PARK LODGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Newport local authority area for the corresponding sale date. All of the three PARK LODGE 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
2016 30 MAR	£432,000	£240,493	80% above HPI
2000 20 APR	£249,950	£108,193	131% above HPI
1997 10 JAN	£139,000	£85,849	62% above HPI

PARK LODGE 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 three PARK LODGE sales between January 1997 and March 2016 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 April 2000 sale was for 131% above the HPI. So the extrapolation line tracks at 131% above the HPI over time, until the March 2016 sale, where it falls to 80% above the HPI. The line then continues to track at 80% above the HPI.

How Large is PARK LODGE?

PARK LODGE is 220m², which includes one extension, according to the EPC inspection conducted in April 2012. This puts it in the largest 40% of detached houses in Castleton, based on EPC data. The below chart shows the distribution of detached houses by size in Castleton, and where PARK LODGE lies on this distribution: 67% of detached houses are smaller than PARK LODGE, and 33% of houses are larger. Note that EPC data is not available for all properties in Castleton.

PARK LODGE: Plot and Title Map

PARK LODGE sits on a plot of roughly 0.281 of an acre, or 1,137m². The below map shows the location of PARK LODGE, 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 PARK LODGE). 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 PARK LODGE?

PARK LODGE is located on MILL LANE in CASTLETON, in the CF3 postcode district. The below map shows the position of PARK LODGE on MILL LANE.