2, HEOL DRAENEN WEN, CARDIFF, CF5 5TZ - £310,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 HEOL DRAENEN WEN is a small detached house of 109m², built sometime between 1996 and 2002, which could now be worth an estimated £377,425. It was last sold for £310,000 in September 2020, which was around 25% below the average September 2020 detached price in the Vale of Glamorgan local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was B.

2 HEOL DRAENEN WEN Sold Prices

Land registry data shows four sales for 2 HEOL DRAENEN WEN since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Vale of Glamorgan local authority area for the corresponding sale date. All of the four 2 HEOL DRAENEN WEN 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 9 SEP	£310,000	£415,405	25% below HPI
2012 22 AUG	£210,000	£303,399	31% below HPI
2001 12 JAN	£117,000	£133,425	12% below HPI
1996 21 NOV	£87,995	£100,339	12% below HPI

2 HEOL DRAENEN WEN Price Paid vs. HPI Average

The below graph shows the average detached house price in the Vale of Glamorgan local authority area over time, sourced from the HPI. The four 2 HEOL DRAENEN WEN sales between November 1996 and September 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 August 2012 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the September 2020 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 2 HEOL DRAENEN WEN be worth now?

2 HEOL DRAENEN WEN might now be worth an estimated £377,425.

This is based on house price inflation of 21.7%, between September 2020 and March 2025, for detached houses, in the Vale of Glamorgan local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 21.7% inflationary increase is applied to the most recent sale price for 2 HEOL DRAENEN WEN of £310,000 on 9th September 2020. For the value to have increased from £310,000 to £377,425 over the five years and six months to March 2025, the following assumptions must hold true:

• The value of 2 HEOL DRAENEN WEN has moved in line with the HPI for detached houses in the Vale of Glamorgan local authority area.
• The September 2020 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 2 HEOL DRAENEN WEN has not materially changed since September 2020.

How Large is 2 HEOL DRAENEN WEN?

2 HEOL DRAENEN WEN is 109m² according to the EPC inspection conducted in May 2012. This puts it in the smallest 40% of detached houses houses in Cardiff, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cardiff, and where 2 HEOL DRAENEN WEN lies on this distribution: 36% of detached houses houses are smaller than 2 HEOL DRAENEN WEN, and 64% of houses are larger. Note that EPC data is not available for all properties in Cardiff.

2 HEOL DRAENEN WEN: Plot and Title Map

2 HEOL DRAENEN WEN sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 2 HEOL DRAENEN WEN, 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 HEOL DRAENEN WEN). 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 HEOL DRAENEN WEN?

2 HEOL DRAENEN WEN is located in CARDIFF, in the CF5 postcode district. The below map shows the position of No. 2 on HEOL DRAENEN WEN.