TY OLA, BORTH, SY24 5JP - £150,000

TY OLA is a very small extended detached house of 55m², built sometime between 1967 and 1975. It was last sold for £150,000 in June 2009, which was around 27% below the average June 2009 detached price in the Ceredigion local authority area. The most recent EPC inspection was June 2015, where the current energy rating was E, and the potential energy rating was B.

TY OLA Sold Prices

Land registry data shows three sales for TY OLA 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 TY OLA 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
2009 26 JUN	£150,000	£206,349	27% below HPI
2004 9 MAR	£77,000	£153,516	50% below HPI
2001 1 OCT	£52,000	£97,500	47% below HPI

TY OLA 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 TY OLA sales between October 2001 and June 2009 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 March 2004 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the June 2009 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is TY OLA?

TY OLA is 55m², which includes two extensions, according to the EPC inspection conducted in June 2015. This puts it in the smallest 10% of detached houses in Borth, based on EPC data. The below chart shows the distribution of detached houses by size in Borth, and where TY OLA lies on this distribution: 3% of detached houses are smaller than TY OLA, and 97% of houses are larger. Note that EPC data is not available for all properties in Borth.

TY OLA: Plot and Title Map

TY OLA sits on a plot of roughly 0.087 of an acre, or 350m². The below map shows the location of TY OLA, 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 TY OLA). 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 TY OLA?

TY OLA is located in BORTH, in the SY24 postcode district. The below map shows the position of TY OLA in BORTH.