40, BRIDGE STREET, LAMPETER, SA48 7AA - £140,000

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.

40 BRIDGE STREET is a midsized extended terraced house of 132m², built sometime before 1900, which could now be worth an estimated £197,477. It was last sold for £140,000 in May 2018, which was around 7% above the average May 2018 terraced price in the Ceredigion local authority area. The most recent EPC inspection was February 2016, where the current energy rating was E, and the potential energy rating was C.

40 BRIDGE STREET Sold Prices

Land registry data shows two sales for 40 BRIDGE STREET 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 40 BRIDGE STREET sales were for above 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 18 MAY	£140,000	£130,267	7% above HPI
2003 30 MAY	£106,500	£68,897	55% above HPI

40 BRIDGE STREET 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 40 BRIDGE STREET sales from May 2003 and May 2018 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 May 2003 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the May 2018 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 40 BRIDGE STREET be worth now?

40 BRIDGE STREET might now be worth an estimated £197,477.

This is based on house price inflation of 41.1%, between May 2018 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 41.1% inflationary increase is applied to the most recent sale price for 40 BRIDGE STREET of £140,000 on 18th May 2018. For the value to have increased from £140,000 to £197,477 over the eight years to May 2026, the following assumptions must hold true:

• The value of 40 BRIDGE STREET has moved in line with the HPI for terraced houses in the Ceredigion local authority area.
• The May 2018 sale price of £140,000 represented a fair market value for the property.
• The size, condition, and specification of 40 BRIDGE STREET has not materially changed since May 2018.

How Large is 40 BRIDGE STREET?

40 BRIDGE STREET is 132m², which includes three extensions, according to the EPC inspection conducted in February 2016. This puts it in the largest 50% 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 40 BRIDGE STREET lies on this distribution: 52% of terraced houses houses are smaller than 40 BRIDGE STREET, and 48% of houses are larger. Note that EPC data is not available for all properties in Lampeter.

40 BRIDGE STREET: Plot and Title Map

40 BRIDGE STREET sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of 40 BRIDGE STREET, 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 40 BRIDGE STREET). 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 40 BRIDGE STREET?

40 BRIDGE STREET is located in LAMPETER, in the SA48 postcode district. The below map shows the position of No. 40 on BRIDGE STREET.