LLWDFOR, LLANON, SY23 5HT - £308,000

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.

LLWDFOR is a very large detached house of 148m², built sometime between 1983 and 1990, which could now be worth an estimated £413,633. It was last sold for £308,000 in June 2018, which was around 30% above the average June 2018 detached price in the Ceredigion local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

LLWDFOR Sold Prices

Land registry data shows two sales for LLWDFOR 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 LLWDFOR 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
2018 13 JUN	£308,000	£236,123	30% above HPI
1997 31 OCT	£86,000	£72,783	18% above HPI

LLWDFOR 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 LLWDFOR sales from October 1997 and June 2018 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 1997 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the June 2018 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

What might LLWDFOR be worth now?

LLWDFOR might now be worth an estimated £413,633.

This is based on house price inflation of 34.3%, between June 2018 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 34.3% inflationary increase is applied to the most recent sale price for LLWDFOR of £308,000 on 13th June 2018. For the value to have increased from £308,000 to £413,633 over the seven years and eleven months to July 2026, the following assumptions must hold true:

• The value of LLWDFOR has moved in line with the HPI for detached houses in the Ceredigion local authority area.
• The June 2018 sale price of £308,000 represented a fair market value for the property.
• The size, condition, and specification of LLWDFOR has not materially changed since June 2018.

How Large is LLWDFOR?

LLWDFOR is 148m² according to the EPC inspection conducted in June 2014. This puts it in the largest 20% of detached houses houses in Llanon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Llanon, and where LLWDFOR lies on this distribution: 85% of detached houses houses are smaller than LLWDFOR, and 14% of houses are larger. Note that EPC data is not available for all properties in Llanon.

Where is LLWDFOR?

LLWDFOR is located in LLANON, in the SY23 postcode district. The below map shows the position of LLWDFOR in LLANON.