3, COSMESTON DRIVE, PENARTH, CF64 5FA - £556,000

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 COSMESTON DRIVE is a large extended detached house of 188m², built sometime between 1976 and 1982, which could now be worth an estimated £749,593. It was last sold for £556,000 in June 2018, which was around 47% above the average June 2018 detached price in the Vale of Glamorgan local authority area. The most recent EPC inspection was September 2010, where the current energy rating was C, and the potential energy rating was C.

3 COSMESTON DRIVE Sold Prices

Land registry data shows four sales for 3 COSMESTON DRIVE 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. two of the four 3 COSMESTON DRIVE sales were for above the average price, and four 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
2018 6 JUN	£556,000	£377,361	47% above HPI
2010 29 NOV	£432,500	£307,160	41% above HPI
2007 23 MAR	£280,000	£291,439	4% below HPI
2001 20 DEC	£150,001	£155,362	3% below HPI

3 COSMESTON DRIVE 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 3 COSMESTON DRIVE sales between December 2001 and June 2018 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 November 2010 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the June 2018 sale, where it rises to 47% above the HPI. The line then continues to track at 47% above the HPI.

What might 3 COSMESTON DRIVE be worth now?

3 COSMESTON DRIVE might now be worth an estimated £749,593.

This is based on house price inflation of 34.8%, between June 2018 and June 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 34.8% inflationary increase is applied to the most recent sale price for 3 COSMESTON DRIVE of £556,000 on 6th June 2018. For the value to have increased from £556,000 to £749,593 over the seven years to June 2025, the following assumptions must hold true:

• The value of 3 COSMESTON DRIVE has moved in line with the HPI for detached houses in the Vale of Glamorgan local authority area.
• The June 2018 sale price of £556,000 represented a fair market value for the property.
• The size, condition, and specification of 3 COSMESTON DRIVE has not materially changed since June 2018.

How Large is 3 COSMESTON DRIVE?

3 COSMESTON DRIVE is 188m², which includes one extension, according to the EPC inspection conducted in September 2010. This puts it in the largest 30% of detached houses houses in Penarth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Penarth, and where 3 COSMESTON DRIVE lies on this distribution: 78% of detached houses houses are smaller than 3 COSMESTON DRIVE, and 22% of houses are larger. Note that EPC data is not available for all properties in Penarth.

3 COSMESTON DRIVE: Plot and Title Map

3 COSMESTON DRIVE sits on a plot of roughly 0.126 of an acre, or 510m². The below map shows the location of 3 COSMESTON 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 3 COSMESTON 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 3 COSMESTON DRIVE?

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