7, CHERRY CLOSE, PENARTH, CF64 5BX - £510,000

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.

7 CHERRY CLOSE is a midsized extended detached house of 129m², built sometime between 1976 and 1982, which could now be worth an estimated £674,805. It was last sold for £510,000 in August 2018, which was around 30% above the average August 2018 detached price in the Vale of Glamorgan local authority area. The most recent EPC inspection was May 2018, where the current energy rating was E, and the potential energy rating was C.

7 CHERRY CLOSE Sold Prices

Land registry data shows one sale for 7 CHERRY 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
2018 24 AUG	£510,000	£393,178	30% above HPI

What might 7 CHERRY CLOSE be worth now?

7 CHERRY CLOSE might now be worth an estimated £674,805.

This is based on house price inflation of 32.3%, between August 2018 and April 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 32.3% inflationary increase is applied to the most recent sale price for 7 CHERRY CLOSE of £510,000 on 24th August 2018. For the value to have increased from £510,000 to £674,805 over the eight years and four months to April 2026, the following assumptions must hold true:

• The value of 7 CHERRY CLOSE has moved in line with the HPI for detached houses in the Vale of Glamorgan local authority area.
• The August 2018 sale price of £510,000 represented a fair market value for the property.
• The size, condition, and specification of 7 CHERRY CLOSE has not materially changed since August 2018.

How Large is 7 CHERRY CLOSE?

7 CHERRY CLOSE is 129m², which includes one extension, according to the EPC inspection conducted in May 2018. This puts it in the smallest 50% of detached houses in Penarth, based on EPC data. The below chart shows the distribution of detached houses by size in Penarth, and where 7 CHERRY CLOSE lies on this distribution: 46% of detached houses are smaller than 7 CHERRY CLOSE, and 54% of detached houses are larger. Note that EPC data is not available for all properties in Penarth.

7 CHERRY CLOSE: Plot

7 CHERRY CLOSE sits on a plot of roughly 0.125 of an acre, or 504m².

Where is 7 CHERRY CLOSE?

7 CHERRY CLOSE is located in PENARTH, in the CF64 postcode district.