RIMAHO, WELLFIELD ROAD, MARSHFIELD, CARDIFF, CF3 2UB - £340,000

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

RIMAHO is a large extended detached house of 157m², built sometime between 1950 and 1966. It was last sold for £340,000 in November 2018, which was around 10% above the average November 2018 detached price in the Newport local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was C.

RIMAHO Sold Prices

Land registry data shows two sales for RIMAHO 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 RIMAHO 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
2018 15 NOV	£340,000	£308,962	10% above HPI
2018 31 AUG	£327,000	£300,667	9% above HPI

RIMAHO 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 RIMAHO sales from August 2018 and November 2018 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 August 2018 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the November 2018 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is RIMAHO?

RIMAHO is 157m², which includes one extension, according to the EPC inspection conducted in July 2018. This puts it in the largest 30% of detached houses in Marshfield, based on EPC data. The below chart shows the distribution of detached houses by size in Marshfield, and where RIMAHO lies on this distribution: 78% of detached houses are smaller than RIMAHO, and 21% of houses are larger. Note that EPC data is not available for all properties in Marshfield.

RIMAHO: Plot and Title Map

RIMAHO sits on a plot of roughly 0.120 of an acre, or 484m². The below map shows the location of RIMAHO, 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 RIMAHO). 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 RIMAHO?

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