38, MILLWOOD, LISVANE, CARDIFF, CF14 0TL - £670,000

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.

38 MILLWOOD is a very large extended detached house of 219m², built sometime between 1967 and 1975, which could now be worth an estimated £870,770. It was last sold for £670,000 in March 2019, which was around 67% above the average March 2019 detached price in the Cardiff local authority area. The most recent EPC inspection was March 2018, where the current energy rating was C, and the potential energy rating was C.

38 MILLWOOD Sold Prices

Land registry data shows two sales for 38 MILLWOOD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cardiff local authority area for the corresponding sale date. Both of the two 38 MILLWOOD 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
2019 28 MAR	£670,000	£400,832	67% above HPI
2007 1 JUN	£650,000	£299,497	117% above HPI

38 MILLWOOD 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 two 38 MILLWOOD sales from June 2007 and March 2019 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 2007 sale was for 117% above the HPI. So the extrapolation line tracks at 117% above the HPI over time, until the March 2019 sale, where it falls to 67% above the HPI. The line then continues to track at 67% above the HPI.

What might 38 MILLWOOD be worth now?

38 MILLWOOD might now be worth an estimated £870,770.

This is based on house price inflation of 30%, between March 2019 and May 2026, 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 30% inflationary increase is applied to the most recent sale price for 38 MILLWOOD of £670,000 on 28th March 2019. For the value to have increased from £670,000 to £870,770 over the six years and ten months to May 2026, the following assumptions must hold true:

• The value of 38 MILLWOOD has moved in line with the HPI for detached houses in the Cardiff local authority area.
• The March 2019 sale price of £670,000 represented a fair market value for the property.
• The size, condition, and specification of 38 MILLWOOD has not materially changed since March 2019.

How Large is 38 MILLWOOD?

38 MILLWOOD is 219m², which includes one extension, according to the EPC inspection conducted in March 2018. This puts it in the largest 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 38 MILLWOOD lies on this distribution: 93% of detached houses houses are smaller than 38 MILLWOOD, and 7% of houses are larger. Note that EPC data is not available for all properties in Cardiff.

38 MILLWOOD: Plot and Title Map

38 MILLWOOD sits on a plot of roughly 0.223 of an acre, or 903m². The below map shows the location of 38 MILLWOOD, 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 38 MILLWOOD). 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 38 MILLWOOD?

38 MILLWOOD is located in LISVANE, in the CF14 postcode district. The below map shows the position of No. 38 on MILLWOOD.