4, OLD POST OFFICE MEWS, LAMPETER, SA48 7DW - £123,000

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 OLD POST OFFICE MEWS is a very small terraced house of 67m², built sometime between 2003 and 2006, which could now be worth an estimated £171,494. It was last sold for £123,000 in November 2017, which was around 7% below the average November 2017 terraced price in the Ceredigion local authority area. The most recent EPC inspection was October 2012, where the current energy rating was C, and the potential energy rating was B.

4 OLD POST OFFICE MEWS Sold Prices

Land registry data shows two sales for 4 OLD POST OFFICE MEWS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Ceredigion local authority area for the corresponding sale date. Both of the two 4 OLD POST OFFICE MEWS 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
2017 2 NOV	£123,000	£131,789	7% below HPI
2013 18 FEB	£104,000	£113,687	9% below HPI

4 OLD POST OFFICE MEWS Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Ceredigion local authority area over time, sourced from the HPI. The two 4 OLD POST OFFICE MEWS sales from February 2013 and November 2017 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 February 2013 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the November 2017 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 4 OLD POST OFFICE MEWS be worth now?

4 OLD POST OFFICE MEWS might now be worth an estimated £171,494.

This is based on house price inflation of 39.4%, between November 2017 and May 2026, for terraced houses, in the Ceredigion local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 39.4% inflationary increase is applied to the most recent sale price for 4 OLD POST OFFICE MEWS of £123,000 on 2nd November 2017. For the value to have increased from £123,000 to £171,494 over the nine years and six months to May 2026, the following assumptions must hold true:

• The value of 4 OLD POST OFFICE MEWS has moved in line with the HPI for terraced houses in the Ceredigion local authority area.
• The November 2017 sale price of £123,000 represented a fair market value for the property.
• The size, condition, and specification of 4 OLD POST OFFICE MEWS has not materially changed since November 2017.

How Large is 4 OLD POST OFFICE MEWS?

4 OLD POST OFFICE MEWS is 67m² according to the EPC inspection conducted in October 2012. This puts it in the smallest 10% of terraced houses houses in Lampeter, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Lampeter, and where 4 OLD POST OFFICE MEWS lies on this distribution: 3% of terraced houses houses are smaller than 4 OLD POST OFFICE MEWS, and 97% of houses are larger. Note that EPC data is not available for all properties in Lampeter.

4 OLD POST OFFICE MEWS: Plot and Title Map

4 OLD POST OFFICE MEWS sits on a plot of roughly 0.011 of an acre, or 43m². The below map shows the location of 4 OLD POST OFFICE MEWS, 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 4 OLD POST OFFICE MEWS). 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 4 OLD POST OFFICE MEWS?

4 OLD POST OFFICE MEWS is located in LAMPETER, in the SA48 postcode district. The below map shows the position of No. 4 on OLD POST OFFICE MEWS.