ERWDEG, LLECHRYD, CARDIGAN, SA43 2QL - £245,000

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.

ERWDEG is a large detached house of 146m², built sometime between 1967 and 1975, which could now be worth an estimated £491,020. It was last sold for £245,000 in March 2004, which was around 55% above the average March 2004 detached price in the Ceredigion local authority area. The most recent EPC inspection was October 2019, where the current energy rating was E, and the potential energy rating was D.

ERWDEG Sold Prices

Land registry data shows two sales for ERWDEG since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Ceredigion local authority area for the corresponding sale date. Both of the two ERWDEG 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
2004 31 MAR	£245,000	£158,223	55% above HPI
1997 16 MAY	£76,000	£70,340	8% above HPI

ERWDEG 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 two ERWDEG sales from May 1997 and March 2004 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 1997 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the March 2004 sale, where it rises to 55% above the HPI. The line then continues to track at 55% above the HPI.

What might ERWDEG be worth now?

ERWDEG might now be worth an estimated £491,020.

This is based on house price inflation of 100.4%, between March 2004 and July 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 100.4% inflationary increase is applied to the most recent sale price for ERWDEG of £245,000 on 31st March 2004. For the value to have increased from £245,000 to £491,020 over the 21 years and eight months to July 2026, the following assumptions must hold true:

• The value of ERWDEG has moved in line with the HPI for detached houses in the Ceredigion local authority area.
• The March 2004 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of ERWDEG has not materially changed since March 2004.

How Large is ERWDEG?

ERWDEG is 146m² according to the EPC inspection conducted in October 2019. This puts it in the largest 40% of detached houses houses in Llechryd, based on EPC data. The below chart shows the distribution of detached houses houses by size in Llechryd, and where ERWDEG lies on this distribution: 62% of detached houses houses are smaller than ERWDEG, and 38% of houses are larger. Note that EPC data is not available for all properties in Llechryd.

ERWDEG: Plot and Title Map

ERWDEG sits on a plot of roughly 0.598 of an acre, or 2,418m². The below map shows the location of ERWDEG, 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 ERWDEG). 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 ERWDEG?

ERWDEG is located in LLECHRYD, in the SA43 postcode district. The below map shows the position of ERWDEG in LLECHRYD.