34, TIMOTHY REES CLOSE, CARDIFF, CF5 2RH - £245,000

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.

34 TIMOTHY REES CLOSE is a very small detached house of 76m², built sometime between 1983 and 1990, which could now be worth an estimated £383,845. It was last sold for £245,000 in March 2015, which was around 26% below the average March 2015 detached price in the Cardiff local authority area. The most recent EPC inspection was November 2009, where the current energy rating was D, and the potential energy rating was C.

34 TIMOTHY REES CLOSE Sold Prices

Land registry data shows three sales for 34 TIMOTHY REES CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cardiff local authority area for the corresponding sale date. All of the three 34 TIMOTHY REES CLOSE 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
2015 20 MAR	£245,000	£331,127	26% below HPI
2011 20 JUN	£205,000	£281,714	27% below HPI
1995 23 JUN	£79,000	£97,083	19% below HPI

34 TIMOTHY REES CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cardiff local authority area over time, sourced from the HPI. The three 34 TIMOTHY REES CLOSE sales between June 1995 and March 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 June 2011 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the March 2015 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 34 TIMOTHY REES CLOSE be worth now?

34 TIMOTHY REES CLOSE might now be worth an estimated £383,845.

This is based on house price inflation of 56.7%, between March 2015 and March 2025, for detached houses, in the Cardiff local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 56.7% inflationary increase is applied to the most recent sale price for 34 TIMOTHY REES CLOSE of £245,000 on 20th March 2015. For the value to have increased from £245,000 to £383,845 over the ten years to March 2025, the following assumptions must hold true:

• The value of 34 TIMOTHY REES CLOSE has moved in line with the HPI for detached houses in the Cardiff local authority area.
• The March 2015 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 34 TIMOTHY REES CLOSE has not materially changed since March 2015.

How Large is 34 TIMOTHY REES CLOSE?

34 TIMOTHY REES CLOSE is 76m² according to the EPC inspection conducted in November 2009. This puts it in the smallest 10% of detached houses houses in Cardiff, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cardiff, and where 34 TIMOTHY REES CLOSE lies on this distribution: 7% of detached houses houses are smaller than 34 TIMOTHY REES CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Cardiff.

34 TIMOTHY REES CLOSE: Plot and Title Map

34 TIMOTHY REES CLOSE sits on a plot of roughly 0.097 of an acre, or 394m². The below map shows the location of 34 TIMOTHY REES CLOSE, 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 34 TIMOTHY REES CLOSE). 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 34 TIMOTHY REES CLOSE?

34 TIMOTHY REES CLOSE is located in CARDIFF, in the CF5 postcode district. The below map shows the position of No. 34 on TIMOTHY REES CLOSE.