SEA THRIFT, CLIFF ROAD, BORTH, SY24 5NN - £247,400

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.

SEA THRIFT is a small detached house of 88m², built sometime between 1996 and 2002, which could now be worth an estimated £317,596. It was last sold for £247,400 in July 2014, which was around 8% above the average July 2014 detached price in the Ceredigion local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was B.

SEA THRIFT Sold Prices

Land registry data shows two sales for SEA THRIFT 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 SEA THRIFT 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
2014 23 JUL	£247,400	£228,569	8% above HPI
1997 19 DEC	£57,930	£72,732	20% below HPI

SEA THRIFT 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 SEA THRIFT sales from December 1997 and July 2014 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 1997 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the July 2014 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might SEA THRIFT be worth now?

SEA THRIFT might now be worth an estimated £317,596.

This is based on house price inflation of 28.4%, between July 2014 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 28.4% inflationary increase is applied to the most recent sale price for SEA THRIFT of £247,400 on 23rd July 2014. For the value to have increased from £247,400 to £317,596 over the eleven years and five months to February 2025, the following assumptions must hold true:

• The value of SEA THRIFT has moved in line with the HPI for detached houses in the Ceredigion local authority area.
• The July 2014 sale price of £247,400 represented a fair market value for the property.
• The size, condition, and specification of SEA THRIFT has not materially changed since July 2014.

How Large is SEA THRIFT?

SEA THRIFT is 88m² according to the EPC inspection conducted in February 2013. This puts it in the smallest 40% 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 SEA THRIFT lies on this distribution: 37% of detached houses houses are smaller than SEA THRIFT, and 62% of houses are larger. Note that EPC data is not available for all properties in Borth.

SEA THRIFT: Plot and Title Map

SEA THRIFT sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of SEA THRIFT, 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 SEA THRIFT). 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 SEA THRIFT?

SEA THRIFT is located on CLIFF ROAD in BORTH, in the SY24 postcode district. The below map shows the position of SEA THRIFT on CLIFF ROAD.