8, CLOS GERALLT, LLANBADARN FAWR, ABERYSTWYTH, SY23 3GD - £194,000

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.

8 CLOS GERALLT is a very small terraced house of 85m², built sometime between 2003 and 2006, which could now be worth an estimated £230,075. It was last sold for £194,000 in July 2020, which was around 35% above the average July 2020 terraced price in the Ceredigion local authority area. The most recent EPC inspection was February 2013, where the current energy rating was C, and the potential energy rating was B.

8 CLOS GERALLT Sold Prices

Land registry data shows three sales for 8 CLOS GERALLT since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Ceredigion local authority area for the corresponding sale date. All of the three 8 CLOS GERALLT 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
2020 3 JUL	£194,000	£143,359	35% above HPI
2014 9 SEP	£188,000	£125,712	50% above HPI
2006 16 JUN	£150,000	£128,132	17% above HPI

8 CLOS GERALLT 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 three 8 CLOS GERALLT sales between June 2006 and July 2020 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 September 2014 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the July 2020 sale, where it falls to 35% above the HPI. The line then continues to track at 35% above the HPI.

What might 8 CLOS GERALLT be worth now?

8 CLOS GERALLT might now be worth an estimated £230,075.

This is based on house price inflation of 18.6%, between July 2020 and June 2025, 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 18.6% inflationary increase is applied to the most recent sale price for 8 CLOS GERALLT of £194,000 on 3rd July 2020. For the value to have increased from £194,000 to £230,075 over the five years and one month to June 2025, the following assumptions must hold true:

• The value of 8 CLOS GERALLT has moved in line with the HPI for terraced houses in the Ceredigion local authority area.
• The July 2020 sale price of £194,000 represented a fair market value for the property.
• The size, condition, and specification of 8 CLOS GERALLT has not materially changed since July 2020.

How Large is 8 CLOS GERALLT?

8 CLOS GERALLT is 85m² according to the EPC inspection conducted in February 2013. This puts it in the smallest 20% of terraced houses houses in Llanbadarn Fawr, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Llanbadarn Fawr, and where 8 CLOS GERALLT lies on this distribution: 17% of terraced houses houses are smaller than 8 CLOS GERALLT, and 82% of houses are larger. Note that EPC data is not available for all properties in Llanbadarn Fawr.

8 CLOS GERALLT: Plot and Title Map

8 CLOS GERALLT sits on a plot of roughly 0.050 of an acre, or 201m². The below map shows the location of 8 CLOS GERALLT, 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 8 CLOS GERALLT). 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 8 CLOS GERALLT?

8 CLOS GERALLT is located in LLANBADARN FAWR, in the SY23 postcode district. The below map shows the position of No. 8 on CLOS GERALLT.