3, PETREL CLOSE, PENARTH, CF64 5FT - £302,000

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.

3 PETREL CLOSE is a small detached house of 124m², built sometime between 1983 and 1990, which could now be worth an estimated £517,677. It was last sold for £302,000 in August 2012, which was about the average August 2012 detached price in the Vale of Glamorgan local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was C.

3 PETREL CLOSE Sold Prices

Land registry data shows one sale for 3 PETREL CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Vale of Glamorgan local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2012 10 AUG	£302,000	£303,399	Close to HPI

What might 3 PETREL CLOSE be worth now?

3 PETREL CLOSE might now be worth an estimated £517,677.

This is based on house price inflation of 71.4%, between August 2012 and May 2026, for detached 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 71.4% inflationary increase is applied to the most recent sale price for 3 PETREL CLOSE of £302,000 on 10th August 2012. For the value to have increased from £302,000 to £517,677 over the fourteen years and three months to May 2026, the following assumptions must hold true:

• The value of 3 PETREL CLOSE has moved in line with the HPI for detached houses in the Vale of Glamorgan local authority area.
• The August 2012 sale price of £302,000 represented a fair market value for the property.
• The size, condition, and specification of 3 PETREL CLOSE has not materially changed since August 2012.

How Large is 3 PETREL CLOSE?

3 PETREL CLOSE is 124m² according to the EPC inspection conducted in July 2011. This puts it in the smallest 40% of detached houses in Penarth, based on EPC data. The below chart shows the distribution of detached houses by size in Penarth, and where 3 PETREL CLOSE lies on this distribution: 39% of detached houses are smaller than 3 PETREL CLOSE, and 60% of detached houses are larger. Note that EPC data is not available for all properties in Penarth.

3 PETREL CLOSE: Plot

3 PETREL CLOSE sits on a plot of roughly 0.118 of an acre, or 478m².

Where is 3 PETREL CLOSE?

3 PETREL CLOSE is located in PENARTH, in the CF64 postcode district.