10, GROVE PARK, CARDIGAN, SA43 1AX - £139,500

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.

10 GROVE PARK is a small detached house of 88m², built sometime between 1976 and 1982, which could now be worth an estimated £187,409. It was last sold for £139,500 in July 2015, which was around 36% below the average July 2015 detached price in the Ceredigion local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.

10 GROVE PARK Sold Prices

Land registry data shows three sales for 10 GROVE PARK 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 10 GROVE PARK 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
2015 27 JUL	£139,500	£218,412	36% below HPI
2011 2 JUN	£125,000	£213,822	42% below HPI
2001 20 DEC	£66,000	£96,779	32% below HPI

10 GROVE PARK 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 10 GROVE PARK sales between December 2001 and July 2015 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 June 2011 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the July 2015 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 10 GROVE PARK be worth now?

10 GROVE PARK might now be worth an estimated £187,409.

This is based on house price inflation of 34.3%, between July 2015 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 34.3% inflationary increase is applied to the most recent sale price for 10 GROVE PARK of £139,500 on 27th July 2015. For the value to have increased from £139,500 to £187,409 over the ten years and five months to February 2025, the following assumptions must hold true:

• The value of 10 GROVE PARK has moved in line with the HPI for detached houses in the Ceredigion local authority area.
• The July 2015 sale price of £139,500 represented a fair market value for the property.
• The size, condition, and specification of 10 GROVE PARK has not materially changed since July 2015.

How Large is 10 GROVE PARK?

10 GROVE PARK is 88m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 30% of detached houses houses in Cardigan, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cardigan, and where 10 GROVE PARK lies on this distribution: 24% of detached houses houses are smaller than 10 GROVE PARK, and 76% of houses are larger. Note that EPC data is not available for all properties in Cardigan.

10 GROVE PARK: Plot and Title Map

10 GROVE PARK sits on a plot of roughly 0.098 of an acre, or 396m². The below map shows the location of 10 GROVE PARK, 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 10 GROVE PARK). 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 10 GROVE PARK?

10 GROVE PARK is located in CARDIGAN, in the SA43 postcode district. The below map shows the position of No. 10 on GROVE PARK.