MWNT, GLANARBERTH, LLECHRYD, CARDIGAN, SA43 2QQ - £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.

MWNT is a large extended detached house of 154m², built sometime between 1967 and 1975, which could now be worth an estimated £324,075. It was last sold for £245,000 in October 2017, which was around 2% above the average October 2017 detached price in the Ceredigion local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was C.

MWNT Sold Prices

Land registry data shows two sales for MWNT 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. One of the two MWNT sales was for above the average price, whilst the other was for below 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
2017 17 OCT	£245,000	£239,731	2% above HPI
2001 21 DEC	£90,000	£96,779	7% below HPI

MWNT 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 MWNT sales from December 2001 and October 2017 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 December 2001 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the October 2017 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might MWNT be worth now?

MWNT might now be worth an estimated £324,075.

This is based on house price inflation of 32.3%, between October 2017 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 32.3% inflationary increase is applied to the most recent sale price for MWNT of £245,000 on 17th October 2017. For the value to have increased from £245,000 to £324,075 over the nine years and three months to July 2026, the following assumptions must hold true:

• The value of MWNT has moved in line with the HPI for detached houses in the Ceredigion local authority area.
• The October 2017 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of MWNT has not materially changed since October 2017.

How Large is MWNT?

MWNT is 154m², which includes three extensions, according to the EPC inspection conducted in August 2017. 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 MWNT lies on this distribution: 66% of detached houses houses are smaller than MWNT, and 34% of houses are larger. Note that EPC data is not available for all properties in Llechryd.

MWNT: Plot and Title Map

MWNT sits on a plot of roughly 0.203 of an acre, or 823m². The below map shows the location of MWNT, 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 MWNT). 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 MWNT?

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