4, SHARPE CLOSE, PENYLAN, CARDIFF, CF23 9AJ - £405,000

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.

4 SHARPE CLOSE is a detached house, which could now be worth an estimated £500,254. It was last sold for £405,000 in February 2021, which was around 4% below the average February 2021 detached price in the Cardiff local authority area.

4 SHARPE CLOSE Sold Prices

Land registry data shows three sales for 4 SHARPE 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 4 SHARPE CLOSE 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
2021 19 FEB	£405,000	£421,750	4% below HPI
2017 28 JUL	£316,250	£369,279	14% below HPI
2002 8 JUN	£145,000	£178,643	19% below HPI

What might 4 SHARPE CLOSE be worth now?

4 SHARPE CLOSE might now be worth an estimated £500,254.

This is based on house price inflation of 23.5%, between February 2021 and May 2026, 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 23.5% inflationary increase is applied to the most recent sale price for 4 SHARPE CLOSE of £405,000 on 19th February 2021. For the value to have increased from £405,000 to £500,254 over the four years and nine months to May 2026, the following assumptions must hold true:

• The value of 4 SHARPE CLOSE has moved in line with the HPI for detached houses in the Cardiff local authority area.
• The February 2021 sale price of £405,000 represented a fair market value for the property.
• The size, condition, and specification of 4 SHARPE CLOSE has not materially changed since February 2021.

Where is 4 SHARPE CLOSE?

4 SHARPE CLOSE is located in PENYLAN, in the CF23 postcode district.