2, THE GRANGE, MARSHFIELD, CARDIFF, CF3 2TG - £541,700

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 THE GRANGE is a very large extended detached house of 242m², built sometime between 2003 and 2006, which could now be worth an estimated £710,178. It was last sold for £541,700 in August 2019, which was around 76% above the average August 2019 detached price in the Newport local authority area. The most recent EPC inspection was August 2019, where the current energy rating was C, and the potential energy rating was B.

2 THE GRANGE Sold Prices

Land registry data shows three sales for 2 THE GRANGE 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 2 THE GRANGE 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
2019 28 AUG	£541,700	£307,842	76% above HPI
2009 23 OCT	£475,000	£210,411	126% above HPI
2002 18 DEC	£395,000	£152,504	159% above HPI

2 THE GRANGE 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 2 THE GRANGE sales between December 2002 and August 2019 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 2009 sale was for 126% above the HPI. So the extrapolation line tracks at 126% above the HPI over time, until the August 2019 sale, where it falls to 76% above the HPI. The line then continues to track at 76% above the HPI.

What might 2 THE GRANGE be worth now?

2 THE GRANGE might now be worth an estimated £710,178.

This is based on house price inflation of 31.1%, between August 2019 and April 2026, for detached houses, in the Newport local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 31.1% inflationary increase is applied to the most recent sale price for 2 THE GRANGE of £541,700 on 28th August 2019. For the value to have increased from £541,700 to £710,178 over the seven years and four months to April 2026, the following assumptions must hold true:

• The value of 2 THE GRANGE has moved in line with the HPI for detached houses in the Newport local authority area.
• The August 2019 sale price of £541,700 represented a fair market value for the property.
• The size, condition, and specification of 2 THE GRANGE has not materially changed since August 2019.

How Large is 2 THE GRANGE?

2 THE GRANGE is 242m², which includes three extensions, according to the EPC inspection conducted in August 2019. This puts it in the largest 10% of detached houses houses in Marshfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Marshfield, and where 2 THE GRANGE lies on this distribution: 97% of detached houses houses are smaller than 2 THE GRANGE, and 3% of houses are larger. Note that EPC data is not available for all properties in Marshfield.

2 THE GRANGE: Plot and Title Map

2 THE GRANGE sits on a plot of roughly 0.136 of an acre, or 551m². The below map shows the location of 2 THE GRANGE, 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 THE GRANGE). 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 THE GRANGE?

2 THE GRANGE is located in MARSHFIELD, in the CF3 postcode district. The below map shows the position of No. 2 on THE GRANGE.