GROVE LODGE, NORTH ROAD, ABERYSTWYTH, SY23 2EL - £192,000

GROVE LODGE is a large extended detached house of 134m², built sometime between 1900 and 1929. It was last sold for £192,000 in February 2019, which was around 20% below the average February 2019 detached price in the Ceredigion local authority area. The most recent EPC inspection was December 2020, where the current energy rating was D, and the potential energy rating was C.

GROVE LODGE Sold Prices

Land registry data shows three sales for GROVE LODGE 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. The three GROVE LODGE sales were a mix of below the average price, roughly equal to the average price, and 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
2019 8 FEB	£192,000	£239,231	20% below HPI
2010 22 OCT	£230,000	£228,990	Close to HPI
2004 4 JUN	£200,000	£164,187	22% above HPI

GROVE LODGE 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 GROVE LODGE sales between June 2004 and February 2019 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 October 2010 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the February 2019 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is GROVE LODGE?

GROVE LODGE is 134m², which includes two extensions, according to the EPC inspection conducted in December 2020. This puts it in the largest 40% of detached houses in Aberystwyth, based on EPC data. The below chart shows the distribution of detached houses by size in Aberystwyth, and where GROVE LODGE lies on this distribution: 60% of detached houses are smaller than GROVE LODGE, and 39% of houses are larger. Note that EPC data is not available for all properties in Aberystwyth.

GROVE LODGE: Plot and Title Map

GROVE LODGE sits on a plot of roughly 0.048 of an acre, or 193m². The below map shows the location of GROVE LODGE, 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 GROVE LODGE). 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 GROVE LODGE?

GROVE LODGE is located on NORTH ROAD in ABERYSTWYTH, in the SY23 postcode district. The below map shows the position of GROVE LODGE on NORTH ROAD.