4, CHANDLERS WAY, PENARTH, CF64 1SP - £370,000

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.

4 CHANDLERS WAY is a midsized terraced house of 129m², built sometime between 1996 and 2002, which could now be worth an estimated £482,095. It was last sold for £370,000 in June 2019, which was around 108% above the average June 2019 terraced price in the Vale of Glamorgan local authority area. The most recent EPC inspection was November 2010, where the current energy rating was C, and the potential energy rating was C.

4 CHANDLERS WAY Sold Prices

Land registry data shows five sales for 4 CHANDLERS WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Vale of Glamorgan local authority area for the corresponding sale date. All of the five 4 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
2019 21 JUN	£370,000	£177,602	108% above HPI
2007 17 APR	£291,500	£141,498	106% above HPI
2004 14 DEC	£249,000	£124,173	101% above HPI
2002 8 MAR	£183,500	£64,504	184% above HPI
1999 10 DEC	£169,950	£50,595	236% above HPI

4 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 five 4 CHANDLERS WAY sales between December 1999 and June 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 April 2007 sale was for 106% above the HPI. So the extrapolation line tracks at 106% above the HPI over time, until the June 2019 sale, where it rises to 108% above the HPI. The line then continues to track at 108% above the HPI.

What might 4 CHANDLERS WAY be worth now?

4 CHANDLERS WAY might now be worth an estimated £482,095.

This is based on house price inflation of 30.3%, between June 2019 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 30.3% inflationary increase is applied to the most recent sale price for 4 CHANDLERS WAY of £370,000 on 21st June 2019. For the value to have increased from £370,000 to £482,095 over the six years to June 2025, the following assumptions must hold true:

• The value of 4 CHANDLERS WAY has moved in line with the HPI for terraced houses in the Vale of Glamorgan local authority area.
• The June 2019 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of 4 CHANDLERS WAY has not materially changed since June 2019.

How Large is 4 CHANDLERS WAY?

4 CHANDLERS WAY is 129m² according to the EPC inspection conducted in November 2010. This puts it in the smallest 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 4 CHANDLERS WAY lies on this distribution: 46% of terraced houses houses are smaller than 4 CHANDLERS WAY, and 54% of houses are larger. Note that EPC data is not available for all properties in Penarth.

4 CHANDLERS WAY: Plot and Title Map

4 CHANDLERS WAY sits on a plot of roughly 0.028 of an acre, or 114m². The below map shows the location of 4 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 4 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 4 CHANDLERS WAY?

4 CHANDLERS WAY is located in PENARTH, in the CF64 postcode district. The below map shows the position of No. 4 on CHANDLERS WAY.