RHYDYGROES, TENBY ROAD, CARDIGAN, SA43 3AH - £180,000

RHYDYGROES is a very small extended detached house of 63m², built sometime between 1930 and 1949. It was last sold for £180,000 in April 2021, which was around 34% below the average April 2021 detached price in the Ceredigion local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was B.

RHYDYGROES Sold Prices

Land registry data shows three sales for RHYDYGROES 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. All of the three RHYDYGROES sales were 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
2021 14 APR	£180,000	£270,702	34% below HPI
2017 5 SEP	£123,000	£234,698	48% below HPI
1998 9 MAR	£44,000	£75,974	42% below HPI

RHYDYGROES 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 RHYDYGROES sales between March 1998 and April 2021 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 September 2017 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the April 2021 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is RHYDYGROES?

RHYDYGROES is 63m², which includes one extension, according to the EPC inspection conducted in April 2023. This puts it in the smallest 10% of detached houses in Cardigan, based on EPC data. The below chart shows the distribution of detached houses by size in Cardigan, and where RHYDYGROES lies on this distribution: 4% of detached houses are smaller than RHYDYGROES, and 96% of houses are larger. Note that EPC data is not available for all properties in Cardigan.

RHYDYGROES: Plot and Title Map

RHYDYGROES sits on a plot of roughly 0.121 of an acre, or 491m². The below map shows the location of RHYDYGROES, 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 RHYDYGROES). 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 RHYDYGROES?

RHYDYGROES is located on TENBY ROAD in CARDIGAN, in the SA43 postcode district. The below map shows the position of RHYDYGROES on TENBY ROAD.