THE LOOKOUT, FFORDD Y FULFRAN, BORTH, SY24 5ND - £360,000

THE LOOKOUT is a very large extended detached house of 184m², built sometime between 2003 and 2006. It was last sold for £360,000 in August 2019, which was around 54% above the average August 2019 detached price in the Ceredigion local authority area. The most recent EPC inspection was March 2019, where the current energy rating was C, and the potential energy rating was C.

THE LOOKOUT Sold Prices

Land registry data shows three sales for THE LOOKOUT 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. Two of the three THE LOOKOUT sales were for above the average price, whilst one 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
2019 29 AUG	£360,000	£233,165	54% above HPI
2008 18 JAN	£325,000	£234,300	39% above HPI
2004 9 SEP	£120,000	£188,717	36% below HPI

THE LOOKOUT 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 THE LOOKOUT sales between September 2004 and August 2019 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 January 2008 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the August 2019 sale, where it rises to 54% above the HPI. The line then continues to track at 54% above the HPI.

How Large is THE LOOKOUT?

THE LOOKOUT is 184m², which includes two extensions, according to the EPC inspection conducted in March 2019. This puts it in the largest 20% of detached houses in Borth, based on EPC data. The below chart shows the distribution of detached houses by size in Borth, and where THE LOOKOUT lies on this distribution: 88% of detached houses are smaller than THE LOOKOUT, and 12% of houses are larger. Note that EPC data is not available for all properties in Borth.

THE LOOKOUT: Plot and Title Map

THE LOOKOUT sits on a plot of roughly 0.102 of an acre, or 411m². The below map shows the location of THE LOOKOUT, 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 THE LOOKOUT). 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 THE LOOKOUT?

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