8, MILESTONE CLOSE, CARDIFF, CF14 4NQ - £340,000

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.

8 MILESTONE CLOSE is a small extended detached house of 112m², built sometime between 2003 and 2006, which could now be worth an estimated £445,254. It was last sold for £340,000 in August 2018, which was around 14% below the average August 2018 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 B.

8 MILESTONE CLOSE Sold Prices

Land registry data shows four sales for 8 MILESTONE CLOSE 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. The four 8 MILESTONE CLOSE sales were a mix of below the average price, and roughly equal to 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 17 AUG	£340,000	£395,023	14% below HPI
2013 8 OCT	£275,000	£311,743	12% below HPI
2005 11 MAY	£278,000	£277,576	Close to HPI
2003 22 AUG	£227,500	£227,271	Close to HPI

8 MILESTONE 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 four 8 MILESTONE CLOSE sales between August 2003 and August 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 October 2013 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the August 2018 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 8 MILESTONE CLOSE be worth now?

8 MILESTONE CLOSE might now be worth an estimated £445,254.

This is based on house price inflation of 31%, between August 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 31% inflationary increase is applied to the most recent sale price for 8 MILESTONE CLOSE of £340,000 on 17th August 2018. For the value to have increased from £340,000 to £445,254 over the seven years and two months to June 2025, the following assumptions must hold true:

• The value of 8 MILESTONE CLOSE has moved in line with the HPI for detached houses in the Cardiff local authority area.
• The August 2018 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 8 MILESTONE CLOSE has not materially changed since August 2018.

How Large is 8 MILESTONE CLOSE?

8 MILESTONE CLOSE is 112m², which includes one extension, according to the EPC inspection conducted in March 2018. This puts it in the smallest 40% 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 8 MILESTONE CLOSE lies on this distribution: 39% of detached houses houses are smaller than 8 MILESTONE CLOSE, and 60% of houses are larger. Note that EPC data is not available for all properties in Cardiff.

8 MILESTONE CLOSE: Plot and Title Map

8 MILESTONE CLOSE sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 8 MILESTONE 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 8 MILESTONE 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 8 MILESTONE CLOSE?

8 MILESTONE CLOSE is located in CARDIFF, in the CF14 postcode district. The below map shows the position of No. 8 on MILESTONE CLOSE.