48, CORK DRIVE, PONTPRENNAU, CARDIFF, CF23 8PU - £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.

48 CORK DRIVE is a very small extended detached house of 81m², built sometime between 1996 and 2002, which could now be worth an estimated £331,994. It was last sold for £245,000 in February 2018, which was around 36% below the average February 2018 detached price in the Cardiff local authority area. The most recent EPC inspection was November 2017, where the current energy rating was D, and the potential energy rating was B.

48 CORK DRIVE Sold Prices

Land registry data shows four sales for 48 CORK DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cardiff local authority area for the corresponding sale date. All of the four 48 CORK 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
2018 16 FEB	£245,000	£381,758	36% below HPI
2017 22 DEC	£245,000	£378,597	35% below HPI
2003 31 JAN	£146,000	£207,984	30% below HPI
1998 18 DEC	£81,000	£115,791	30% below HPI

48 CORK 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 four 48 CORK DRIVE sales between December 1998 and February 2018 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 December 2017 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the February 2018 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 48 CORK DRIVE be worth now?

48 CORK DRIVE might now be worth an estimated £331,994.

This is based on house price inflation of 35.5%, between February 2018 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 35.5% inflationary increase is applied to the most recent sale price for 48 CORK DRIVE of £245,000 on 16th February 2018. For the value to have increased from £245,000 to £331,994 over the six years and eight months to June 2025, the following assumptions must hold true:

• The value of 48 CORK DRIVE has moved in line with the HPI for detached houses in the Cardiff local authority area.
• The February 2018 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 48 CORK DRIVE has not materially changed since February 2018.

How Large is 48 CORK DRIVE?

48 CORK DRIVE is 81m², which includes one extension, according to the EPC inspection conducted in November 2017. This puts it in the smallest 20% 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 48 CORK DRIVE lies on this distribution: 10% of detached houses houses are smaller than 48 CORK DRIVE, and 89% of houses are larger. Note that EPC data is not available for all properties in Cardiff.

48 CORK DRIVE: Plot and Title Map

48 CORK DRIVE sits on a plot of roughly 0.062 of an acre, or 249m². The below map shows the location of 48 CORK 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 48 CORK 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 48 CORK DRIVE?

48 CORK DRIVE is located in PONTPRENNAU, in the CF23 postcode district. The below map shows the position of No. 48 on CORK DRIVE.