12, LAUREATE CLOSE, LLANRUMNEY, CARDIFF, CF3 5DG - £180,000

12 LAUREATE CLOSE is a very small detached house of 74m², built sometime between 1983 and 1990. It was last sold for £180,000 in August 2020, which was around 55% below the average August 2020 detached price in the Cardiff local authority area. The most recent EPC inspection was March 2020, where the current energy rating was C, and the potential energy rating was B.

12 LAUREATE CLOSE Sold Prices

Land registry data shows three sales for 12 LAUREATE 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 12 LAUREATE 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
2020 14 AUG	£180,000	£402,403	55% below HPI
2009 22 DEC	£102,000	£273,368	63% below HPI
2004 5 MAR	£89,950	£238,606	62% below HPI

12 LAUREATE 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 12 LAUREATE CLOSE sales between March 2004 and August 2020 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 December 2009 sale was for 63% below the HPI. So the extrapolation line tracks at 63% below the HPI over time, until the August 2020 sale, where it rises to 55% below the HPI. The line then continues to track at 55% below the HPI.

How Large is 12 LAUREATE CLOSE?

12 LAUREATE CLOSE is 74m² according to the EPC inspection conducted in March 2020. This puts it in the smallest 10% of detached houses in Cardiff, based on EPC data. The below chart shows the distribution of detached houses by size in Cardiff, and where 12 LAUREATE CLOSE lies on this distribution: 6% of detached houses are smaller than 12 LAUREATE CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Cardiff.

12 LAUREATE CLOSE: Plot and Title Map

12 LAUREATE CLOSE sits on a plot of roughly 0.040 of an acre, or 161m². The below map shows the location of 12 LAUREATE 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 12 LAUREATE 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 12 LAUREATE CLOSE?

12 LAUREATE CLOSE is located in LLANRUMNEY, in the CF3 postcode district. The below map shows the position of No. 12 on LAUREATE CLOSE.