41, PALMERS DRIVE, CARDIFF, CF5 5NR - £272,500

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.

41 PALMERS DRIVE is a large detached house of 145m², built sometime between 1996 and 2002, which could now be worth an estimated £356,313. It was last sold for £272,500 in May 2019, which was around 31% below the average May 2019 detached price in the Cardiff local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was C.

41 PALMERS DRIVE Sold Prices

Land registry data shows three sales for 41 PALMERS DRIVE 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 41 PALMERS DRIVE 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
2019 3 MAY	£272,500	£395,628	31% below HPI
2007 27 JUL	£238,500	£304,668	22% below HPI
2000 25 FEB	£118,495	£130,228	9% below HPI

41 PALMERS DRIVE 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 41 PALMERS DRIVE sales between February 2000 and May 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 July 2007 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the May 2019 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 41 PALMERS DRIVE be worth now?

41 PALMERS DRIVE might now be worth an estimated £356,313.

This is based on house price inflation of 30.8%, between May 2019 and June 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 30.8% inflationary increase is applied to the most recent sale price for 41 PALMERS DRIVE of £272,500 on 3rd May 2019. For the value to have increased from £272,500 to £356,313 over the five years and eleven months to June 2025, the following assumptions must hold true:

• The value of 41 PALMERS DRIVE has moved in line with the HPI for detached houses in the Cardiff local authority area.
• The May 2019 sale price of £272,500 represented a fair market value for the property.
• The size, condition, and specification of 41 PALMERS DRIVE has not materially changed since May 2019.

How Large is 41 PALMERS DRIVE?

41 PALMERS DRIVE is 145m² according to the EPC inspection conducted in March 2018. This puts it in the largest 30% 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 41 PALMERS DRIVE lies on this distribution: 71% of detached houses houses are smaller than 41 PALMERS DRIVE, and 29% of houses are larger. Note that EPC data is not available for all properties in Cardiff.

41 PALMERS DRIVE: Plot and Title Map

41 PALMERS DRIVE sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 41 PALMERS 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 41 PALMERS 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 41 PALMERS DRIVE?

41 PALMERS DRIVE is located in CARDIFF, in the CF5 postcode district. The below map shows the position of No. 41 on PALMERS DRIVE.