24, LAKIN DRIVE, BARRY, CF62 8AH - £30,000

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.

24 LAKIN DRIVE is a very small terraced house of 51m², built sometime between 1991 and 1995, which could now be worth an estimated £48,764. It was last sold for £30,000 in November 2007, which was around 80% below the average November 2007 terraced price in the Vale of Glamorgan local authority area. The most recent EPC inspection was April 2022, where the current energy rating was E, and the potential energy rating was B.

24 LAKIN DRIVE Sold Prices

Land registry data shows two sales for 24 LAKIN DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Vale of Glamorgan local authority area for the corresponding sale date. Both of the two 24 LAKIN DRIVE 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
2007 27 NOV	£30,000	£146,964	80% below HPI
2000 28 JUL	£11,000	£52,132	79% below HPI

24 LAKIN DRIVE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Vale of Glamorgan local authority area over time, sourced from the HPI. The two 24 LAKIN DRIVE sales from July 2000 and November 2007 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 July 2000 sale was for 79% below the HPI. So the extrapolation line tracks at 79% below the HPI over time, until the November 2007 sale, where it falls to 80% below the HPI. The line then continues to track at 80% below the HPI.

What might 24 LAKIN DRIVE be worth now?

24 LAKIN DRIVE might now be worth an estimated £48,764.

This is based on house price inflation of 62.5%, between November 2007 and May 2026, for terraced 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 62.5% inflationary increase is applied to the most recent sale price for 24 LAKIN DRIVE of £30,000 on 27th November 2007. For the value to have increased from £30,000 to £48,764 over the nineteen years and six months to May 2026, the following assumptions must hold true:

• The value of 24 LAKIN DRIVE has moved in line with the HPI for terraced houses in the Vale of Glamorgan local authority area.
• The November 2007 sale price of £30,000 represented a fair market value for the property.
• The size, condition, and specification of 24 LAKIN DRIVE has not materially changed since November 2007.

How Large is 24 LAKIN DRIVE?

24 LAKIN DRIVE is 51m² according to the EPC inspection conducted in April 2022. This puts it in the smallest 10% of terraced houses houses in Barry, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Barry, and where 24 LAKIN DRIVE lies on this distribution: Less than 1% of terraced houses houses are smaller than 24 LAKIN DRIVE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Barry.

24 LAKIN DRIVE: Plot and Title Map

24 LAKIN DRIVE sits on a plot of roughly 0.042 of an acre, or 168m². The below map shows the location of 24 LAKIN DRIVE, 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 24 LAKIN DRIVE). 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 24 LAKIN DRIVE?

24 LAKIN DRIVE is located in BARRY, in the CF62 postcode district. The below map shows the position of No. 24 on LAKIN DRIVE.