JOEMM, FFORDD Y FULFRAN, BORTH, SY24 5ND - £275,000

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.

JOEMM is a very small detached house of 72m², built sometime between 2003 and 2006, which could now be worth an estimated £378,783. It was last sold for £275,000 in September 2006, which was around 29% above the average September 2006 detached price in the Ceredigion local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was C.

JOEMM Sold Prices

Land registry data shows two sales for JOEMM 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 JOEMM 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
2006 27 SEP	£275,000	£213,027	29% above HPI
2003 7 FEB	£150,000	£126,957	18% above HPI

JOEMM 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 JOEMM sales from February 2003 and September 2006 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 February 2003 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the September 2006 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might JOEMM be worth now?

JOEMM might now be worth an estimated £378,783.

This is based on house price inflation of 37.7%, between September 2006 and February 2025, 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 37.7% inflationary increase is applied to the most recent sale price for JOEMM of £275,000 on 27th September 2006. For the value to have increased from £275,000 to £378,783 over the nineteen years and seven months to February 2025, the following assumptions must hold true:

• The value of JOEMM has moved in line with the HPI for detached houses in the Ceredigion local authority area.
• The September 2006 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of JOEMM has not materially changed since September 2006.

How Large is JOEMM?

JOEMM is 72m² according to the EPC inspection conducted in October 2008. This puts it in the smallest 20% of detached houses houses in Borth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Borth, and where JOEMM lies on this distribution: 16% of detached houses houses are smaller than JOEMM, and 84% of houses are larger. Note that EPC data is not available for all properties in Borth.

JOEMM: Plot and Title Map

JOEMM sits on a plot of roughly 0.145 of an acre, or 585m². The below map shows the location of JOEMM, 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 JOEMM). 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 JOEMM?

JOEMM is located on FFORDD Y FULFRAN in BORTH, in the SY24 postcode district. The below map shows the position of JOEMM on FFORDD Y FULFRAN.