2, GRANTHAM CLOSE, CARDIFF, CF5 2EX - £320,000

2 GRANTHAM CLOSE is a very small detached house of 83m², built sometime between 1991 and 1995. It was last sold for £320,000 in May 2022, which was around 35% below the average May 2022 detached price in the Cardiff local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was B.

2 GRANTHAM CLOSE Sold Prices

Land registry data shows two sales for 2 GRANTHAM CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cardiff local authority area for the corresponding sale date. Both of the two 2 GRANTHAM 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
2022 20 MAY	£320,000	£494,562	35% below HPI
1997 31 OCT	£80,000	£107,210	25% below HPI

2 GRANTHAM 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 two 2 GRANTHAM CLOSE sales from October 1997 and May 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 October 1997 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the May 2022 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 2 GRANTHAM CLOSE?

2 GRANTHAM CLOSE is 83m² according to the EPC inspection conducted in November 2021. This puts it in the smallest 20% of detached houses in Cardiff, based on EPC data. The below chart shows the distribution of detached houses by size in Cardiff, and where 2 GRANTHAM CLOSE lies on this distribution: 12% of detached houses are smaller than 2 GRANTHAM CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Cardiff.

2 GRANTHAM CLOSE: Plot and Title Map

2 GRANTHAM CLOSE sits on a plot of roughly 0.063 of an acre, or 253m². The below map shows the location of 2 GRANTHAM 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 2 GRANTHAM 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 2 GRANTHAM CLOSE?

2 GRANTHAM CLOSE is located in CARDIFF, in the CF5 postcode district. The below map shows the position of No. 2 on GRANTHAM CLOSE.