3, CHANDLERS WAY, PENARTH, CF64 1SP - £335,000

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.

3 CHANDLERS WAY is a midsized terraced house of 139m², built sometime between 1996 and 2002, which could now be worth an estimated £512,737. It was last sold for £335,000 in April 2015, which was around 122% above the average April 2015 terraced price in the Vale of Glamorgan local authority area. The most recent EPC inspection was October 2008, where the current energy rating was C, and the potential energy rating was C.

3 CHANDLERS WAY Sold Prices

Land registry data shows four sales for 3 CHANDLERS WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Vale of Glamorgan local authority area for the corresponding sale date. All of the four 3 CHANDLERS WAY 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
2015 17 APR	£335,000	£151,192	122% above HPI
2004 23 JUL	£277,500	£113,100	145% above HPI
2003 11 JUN	£230,000	£85,335	170% above HPI
2001 29 JUN	£187,000	£55,630	236% above HPI

3 CHANDLERS WAY 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 four 3 CHANDLERS WAY sales between June 2001 and April 2015 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 2004 sale was for 145% above the HPI. So the extrapolation line tracks at 145% above the HPI over time, until the April 2015 sale, where it falls to 122% above the HPI. The line then continues to track at 122% above the HPI.

What might 3 CHANDLERS WAY be worth now?

3 CHANDLERS WAY might now be worth an estimated £512,737.

This is based on house price inflation of 53.1%, between April 2015 and June 2025, 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 53.1% inflationary increase is applied to the most recent sale price for 3 CHANDLERS WAY of £335,000 on 17th April 2015. For the value to have increased from £335,000 to £512,737 over the nine years and ten months to June 2025, the following assumptions must hold true:

• The value of 3 CHANDLERS WAY has moved in line with the HPI for terraced houses in the Vale of Glamorgan local authority area.
• The April 2015 sale price of £335,000 represented a fair market value for the property.
• The size, condition, and specification of 3 CHANDLERS WAY has not materially changed since April 2015.

How Large is 3 CHANDLERS WAY?

3 CHANDLERS WAY is 139m² according to the EPC inspection conducted in October 2008. This puts it in the largest 50% of terraced houses houses in Penarth, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Penarth, and where 3 CHANDLERS WAY lies on this distribution: 54% of terraced houses houses are smaller than 3 CHANDLERS WAY, and 46% of houses are larger. Note that EPC data is not available for all properties in Penarth.

3 CHANDLERS WAY: Plot and Title Map

3 CHANDLERS WAY sits on a plot of roughly 0.026 of an acre, or 104m². The below map shows the location of 3 CHANDLERS WAY, 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 3 CHANDLERS WAY). 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 3 CHANDLERS WAY?

3 CHANDLERS WAY is located in PENARTH, in the CF64 postcode district. The below map shows the position of No. 3 on CHANDLERS WAY.