2, PENBRYN, LAMPETER, SA48 7EU - £62,000

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.

2 PENBRYN is a large flat of 63m², built sometime between 1976 and 1982, which could now be worth an estimated £76,104. It was last sold for £62,000 in August 2018, which was around 33% below the average August 2018 flat price in the Ceredigion local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was C.

2 PENBRYN Sold Prices

Land registry data shows three sales for 2 PENBRYN since 1^st January 1995. The below table shows the price paid for the three sales, along with the average flat price in the Ceredigion local authority area for the corresponding sale date. All of the three 2 PENBRYN 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
2018 16 AUG	£62,000	£92,821	33% below HPI
2006 7 APR	£79,000	£104,000	24% below HPI
2003 3 JAN	£38,500	£53,876	29% below HPI

What might 2 PENBRYN be worth now?

2 PENBRYN might now be worth an estimated £76,104.

This is based on house price inflation of 22.7%, between August 2018 and April 2026, for flats, in the Ceredigion local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 22.7% inflationary increase is applied to the most recent sale price for 2 PENBRYN of £62,000 on 16th August 2018. For the value to have increased from £62,000 to £76,104 over the eight years and four months to April 2026, the following assumptions must hold true:

• The value of 2 PENBRYN has moved in line with the HPI for flats in the Ceredigion local authority area.
• The August 2018 sale price of £62,000 represented a fair market value for the property.
• The size, condition, and specification of 2 PENBRYN has not materially changed since August 2018.

How Large is 2 PENBRYN?

2 PENBRYN is 63m² according to the EPC inspection conducted in June 2015. This puts it in the largest 10% of flats in Lampeter, based on EPC data. 69% of flats are smaller than 2 PENBRYN, and 8% of flats are larger. Note that EPC data is not available for all properties in Lampeter.

2 PENBRYN: Plot

2 PENBRYN sits on a plot of roughly 0.398 of an acre, or 1,609m².

Where is 2 PENBRYN?

2 PENBRYN is located in LAMPETER, in the SA48 postcode district.