VANGRE, BORTH, SY24 5JP - £195,000

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.

VANGRE is a very small extended detached house of 65m², built sometime between 1976 and 1982, which could now be worth an estimated £190,976. It was last sold for £195,000 in November 2023, which was around 42% below the average November 2023 detached price in the Ceredigion local authority area. The most recent EPC inspection was July 2022, where the current energy rating was E, and the potential energy rating was B.

VANGRE Sold Prices

Land registry data shows two sales for VANGRE 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. Both of the two VANGRE 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
2023 17 NOV	£195,000	£335,238	42% below HPI
2002 26 APR	£58,000	£96,716	40% below HPI

VANGRE 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 VANGRE sales from April 2002 and November 2023 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 April 2002 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the November 2023 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might VANGRE be worth now?

VANGRE might now be worth an estimated £190,976.

This is based on house price deflation of 2.1%, between November 2023 and May 2026, 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 2.1% deflationary decrease is applied to the most recent sale price for VANGRE of £195,000 on 17th November 2023. For the value to have decreased from £195,000 to £190,976 over the three years and six months to May 2026, the following assumptions must hold true:

• The value of VANGRE has moved in line with the HPI for detached houses in the Ceredigion local authority area.
• The November 2023 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of VANGRE has not materially changed since November 2023.

How Large is VANGRE?

VANGRE is 65m², which includes one extension, according to the EPC inspection conducted in July 2022. This puts it in the smallest 10% 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 VANGRE lies on this distribution: 10% of detached houses houses are smaller than VANGRE, and 90% of houses are larger. Note that EPC data is not available for all properties in Borth.

VANGRE: Plot and Title Map

VANGRE sits on a plot of roughly 0.142 of an acre, or 573m². The below map shows the location of VANGRE, 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 VANGRE). 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 VANGRE?

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