7, MILLRACE CLOSE, LISVANE, CARDIFF, CF14 0UR - £500,000

7 MILLRACE CLOSE is a midsized detached house of 120m², built sometime between 1967 and 1975. It was last sold for £500,000 in September 2021, which was around 10% above the average September 2021 detached price in the Cardiff local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was B.

7 MILLRACE CLOSE Sold Prices

Land registry data shows three sales for 7 MILLRACE 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 7 MILLRACE CLOSE 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
2021 15 SEP	£500,000	£455,171	10% above HPI
2012 29 MAY	£370,000	£285,381	30% above HPI
2005 29 JUN	£330,000	£268,264	23% above HPI

7 MILLRACE 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 7 MILLRACE CLOSE sales between June 2005 and September 2021 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 May 2012 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the September 2021 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 7 MILLRACE CLOSE?

7 MILLRACE CLOSE is 120m² according to the EPC inspection conducted in March 2021. This puts it in the smallest 50% of detached houses in Cardiff, based on EPC data. The below chart shows the distribution of detached houses by size in Cardiff, and where 7 MILLRACE CLOSE lies on this distribution: 49% of detached houses are smaller than 7 MILLRACE CLOSE, and 50% of houses are larger. Note that EPC data is not available for all properties in Cardiff.

7 MILLRACE CLOSE: Plot and Title Map

7 MILLRACE CLOSE sits on a plot of roughly 0.104 of an acre, or 420m². The below map shows the location of 7 MILLRACE 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 7 MILLRACE 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 7 MILLRACE CLOSE?

7 MILLRACE CLOSE is located in LISVANE, in the CF14 postcode district. The below map shows the position of No. 7 on MILLRACE CLOSE.