TYR BANC, PARCLLYN, CARDIGAN, SA43 2DF - £171,000

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.

TYR BANC is a large extended detached house of 122m², built sometime before 1900, which could now be worth an estimated £212,388. It was last sold for £171,000 in January 2018, which was around 28% below the average January 2018 detached price in the Ceredigion local authority area. The most recent EPC inspection was October 2010, where the current energy rating was F, and the potential energy rating was E.

TYR BANC Sold Prices

Land registry data shows two sales for TYR BANC 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 TYR BANC sales was for below the average price, whilst the other was for above 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
2018 15 JAN	£171,000	£236,243	28% below HPI
2001 14 NOV	£110,000	£99,452	11% above HPI

TYR BANC 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 TYR BANC sales from November 2001 and January 2018 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 November 2001 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the January 2018 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might TYR BANC be worth now?

TYR BANC might now be worth an estimated £212,388.

This is based on house price inflation of 24.2%, between January 2018 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 24.2% inflationary increase is applied to the most recent sale price for TYR BANC of £171,000 on 15th January 2018. For the value to have increased from £171,000 to £212,388 over the six years and eleven months to February 2025, the following assumptions must hold true:

• The value of TYR BANC has moved in line with the HPI for detached houses in the Ceredigion local authority area.
• The January 2018 sale price of £171,000 represented a fair market value for the property.
• The size, condition, and specification of TYR BANC has not materially changed since January 2018.

How Large is TYR BANC?

TYR BANC is 122m², which includes two extensions, according to the EPC inspection conducted in October 2010. This puts it in the largest 40% of detached houses houses in Aberporth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Aberporth, and where TYR BANC lies on this distribution: 66% of detached houses houses are smaller than TYR BANC, and 34% of houses are larger. Note that EPC data is not available for all properties in Aberporth.

TYR BANC: Plot and Title Map

TYR BANC sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of TYR BANC, 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 TYR BANC). 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 TYR BANC?

TYR BANC is located in PARCLLYN, in the SA43 postcode district. The below map shows the position of TYR BANC in PARCLLYN.