CAEREITHIN, LLANARTH, SA47 0RG - £195,000

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.

CAEREITHIN is a large detached house of 137m², built sometime between 1996 and 2002, which could now be worth an estimated £295,583. It was last sold for £195,000 in April 2016, which was around 10% below the average April 2016 detached price in the Ceredigion local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was C.

CAEREITHIN Sold Prices

Land registry data shows three sales for CAEREITHIN since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Ceredigion local authority area for the corresponding sale date. One of the three CAEREITHIN sales was for below the average price, whilst two 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
2016 6 APR	£195,000	£216,053	10% below HPI
2001 19 JAN	£118,000	£84,854	39% above HPI
1995 14 AUG	£102,000	£64,759	58% above HPI

CAEREITHIN Price Paid vs. HPI Average

The below graph shows the average detached house price in the Ceredigion local authority area over time, sourced from the HPI. The three CAEREITHIN sales between August 1995 and April 2016 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 January 2001 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the April 2016 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might CAEREITHIN be worth now?

CAEREITHIN might now be worth an estimated £295,583.

This is based on house price inflation of 51.6%, between April 2016 and April 2026, for detached 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 51.6% inflationary increase is applied to the most recent sale price for CAEREITHIN of £195,000 on 6th April 2016. For the value to have increased from £195,000 to £295,583 over the ten years to April 2026, the following assumptions must hold true:

• The value of CAEREITHIN has moved in line with the HPI for detached houses in the Ceredigion local authority area.
• The April 2016 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of CAEREITHIN has not materially changed since April 2016.

How Large is CAEREITHIN?

CAEREITHIN is 137m² according to the EPC inspection conducted in September 2015. This puts it in the largest 30% of detached houses houses in Llanarth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Llanarth, and where CAEREITHIN lies on this distribution: 75% of detached houses houses are smaller than CAEREITHIN, and 25% of houses are larger. Note that EPC data is not available for all properties in Llanarth.

CAEREITHIN: Plot and Title Map

CAEREITHIN sits on a plot of roughly 0.225 of an acre, or 910m². The below map shows the location of CAEREITHIN, 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 CAEREITHIN). 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 CAEREITHIN?

CAEREITHIN is located in LLANARTH, in the SA47 postcode district. The below map shows the position of CAEREITHIN in LLANARTH.