3, PARK ROAD, PENARTH, CF64 3BD - £1,950,000

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 PARK ROAD is a very large extended semi-detached house of 401m², built sometime before 1900, which could now be worth an estimated £2,032,905. It was last sold for £1,950,000 in March 2023, which was around 560% above the average March 2023 semi-detached price in the Vale of Glamorgan local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was C.

3 PARK ROAD Sold Prices

Land registry data shows two sales for 3 PARK ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Vale of Glamorgan local authority area for the corresponding sale date. Both of the two 3 PARK ROAD 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
2023 1 MAR	£1,950,000	£295,471	560% above HPI
2001 30 MAR	£395,000	£70,785	458% above HPI

3 PARK ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Vale of Glamorgan local authority area over time, sourced from the HPI. The two 3 PARK ROAD sales from March 2001 and March 2023 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 March 2001 sale was for 458% above the HPI. So the extrapolation line tracks at 458% above the HPI over time, until the March 2023 sale, where it rises to 560% above the HPI. The line then continues to track at 560% above the HPI.

What might 3 PARK ROAD be worth now?

3 PARK ROAD might now be worth an estimated £2,032,905.

This is based on house price inflation of 4.3%, between March 2023 and May 2026, for semi-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 4.3% inflationary increase is applied to the most recent sale price for 3 PARK ROAD of £1,950,000 on 1st March 2023. For the value to have increased from £1,950,000 to £2,032,905 over the two years and ten months to May 2026, the following assumptions must hold true:

• The value of 3 PARK ROAD has moved in line with the HPI for semi-detached houses in the Vale of Glamorgan local authority area.
• The March 2023 sale price of £1,950,000 represented a fair market value for the property.
• The size, condition, and specification of 3 PARK ROAD has not materially changed since March 2023.

How Large is 3 PARK ROAD?

3 PARK ROAD is 401m², which includes one extension, according to the EPC inspection conducted in July 2022. This puts it in the largest 10% of semi-detached houses houses in Penarth, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Penarth, and where 3 PARK ROAD lies on this distribution: 99% of semi-detached houses houses are smaller than 3 PARK ROAD, and 1% of houses are larger. Note that EPC data is not available for all properties in Penarth.

3 PARK ROAD: Plot and Title Map

3 PARK ROAD sits on a plot of roughly 0.308 of an acre, or 1,246m². The below map shows the location of 3 PARK ROAD, 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 PARK ROAD). 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 PARK ROAD?

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