16, GELLIWEN, LLECHRYD, CARDIGAN, SA43 2PQ - £190,000

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.

16 GELLIWEN is a small detached house of 118m², built sometime between 1976 and 1982, which could now be worth an estimated £225,278. It was last sold for £190,000 in February 2020, which was around 23% below the average February 2020 detached price in the Ceredigion local authority area. The most recent EPC inspection was November 2019, where the current energy rating was C, and the potential energy rating was B.

16 GELLIWEN Sold Prices

Land registry data shows three sales for 16 GELLIWEN 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 16 GELLIWEN 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
2020 26 FEB	£190,000	£247,473	23% below HPI
2008 8 FEB	£148,000	£243,113	39% below HPI
2001 5 JAN	£83,000	£84,854	2% below HPI

16 GELLIWEN 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 16 GELLIWEN sales between January 2001 and February 2020 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 February 2008 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the February 2020 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 16 GELLIWEN be worth now?

16 GELLIWEN might now be worth an estimated £225,278.

This is based on house price inflation of 18.6%, between February 2020 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 18.6% inflationary increase is applied to the most recent sale price for 16 GELLIWEN of £190,000 on 26th February 2020. For the value to have increased from £190,000 to £225,278 over the five years to February 2025, the following assumptions must hold true:

• The value of 16 GELLIWEN has moved in line with the HPI for detached houses in the Ceredigion local authority area.
• The February 2020 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 16 GELLIWEN has not materially changed since February 2020.

How Large is 16 GELLIWEN?

16 GELLIWEN is 118m² according to the EPC inspection conducted in November 2019. This puts it in the smallest 40% of detached houses houses in Llechryd, based on EPC data. The below chart shows the distribution of detached houses houses by size in Llechryd, and where 16 GELLIWEN lies on this distribution: 38% of detached houses houses are smaller than 16 GELLIWEN, and 62% of houses are larger. Note that EPC data is not available for all properties in Llechryd.

16 GELLIWEN: Plot and Title Map

16 GELLIWEN sits on a plot of roughly 0.097 of an acre, or 391m². The below map shows the location of 16 GELLIWEN, 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 16 GELLIWEN). 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 16 GELLIWEN?

16 GELLIWEN is located in LLECHRYD, in the SA43 postcode district. The below map shows the position of No. 16 on GELLIWEN.