PENWERN, PENNANT, LLANON, SY23 5JW - £219,000

PENWERN is a very small extended detached house of 85m², built sometime before 1900. It was last sold for £219,000 in September 2017, which was around 7% below the average September 2017 detached price in the Ceredigion local authority area. The most recent EPC inspection was November 2014, where the current energy rating was E, and the potential energy rating was B.

PENWERN Sold Prices

Land registry data shows four sales for PENWERN since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Ceredigion local authority area for the corresponding sale date. All of the four PENWERN 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
2017 15 SEP	£219,000	£234,698	7% below HPI
2007 5 OCT	£200,000	£234,786	15% below HPI
2004 19 NOV	£185,000	£195,849	6% below HPI
1999 22 DEC	£69,000	£72,321	5% below HPI

PENWERN 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 four PENWERN sales between December 1999 and September 2017 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 October 2007 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the September 2017 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is PENWERN?

PENWERN is 85m², which includes one extension, according to the EPC inspection conducted in November 2014. This puts it in the smallest 20% of detached houses in Pennant, based on EPC data. The below chart shows the distribution of detached houses by size in Pennant, and where PENWERN lies on this distribution: 13% of detached houses are smaller than PENWERN, and 88% of houses are larger. Note that EPC data is not available for all properties in Pennant.

PENWERN: Plot and Title Map

PENWERN sits on a plot of roughly 0.994 of an acre, or 4,021m². The below map shows the location of PENWERN, 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 PENWERN). 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 PENWERN?

PENWERN is located in PENNANT, in the SY23 postcode district. The below map shows the position of PENWERN in PENNANT.