16, HEOL Y WERN, NORTH PARK ESTATE, CARDIGAN, SA43 1NE - £198,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

16 HEOL Y WERN is a large extended detached house of 136m², built sometime between 1976 and 1982. It was last sold for £198,000 in July 2016, which was around 14% below the average July 2016 detached price in the Ceredigion local authority area. The most recent EPC inspection was September 2011, where the current energy rating was C, and the potential energy rating was C.

16 HEOL Y WERN Sold Prices

Land registry data shows two sales for 16 HEOL Y WERN 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 16 HEOL Y WERN 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
2016 22 JUL	£198,000	£231,198	14% below HPI
2007 27 JUL	£168,000	£223,274	25% below HPI

16 HEOL Y WERN 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 16 HEOL Y WERN sales from July 2007 and July 2016 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 July 2007 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the July 2016 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 16 HEOL Y WERN be worth now?

16 HEOL Y WERN might now be worth an estimated £269,865.

This is based on house price inflation of 36.3%, between July 2016 and December 2024, 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 36.3% inflationary increase is applied to the most recent sale price for 16 HEOL Y WERN of £198,000 on 22nd July 2016. For the value to have increased from £198,000 to £269,865 over the seven years and seven months to December 2024, the following assumptions must hold true:

• The value of 16 HEOL Y WERN has moved in line with the HPI for detached houses in the Ceredigion local authority area.
• The July 2016 sale price of £198,000 represented a fair market value for the property.
• The size, condition, and specification of 16 HEOL Y WERN has not materially changed since July 2016.

How Large is 16 HEOL Y WERN?

16 HEOL Y WERN is 136m², which includes three extensions, according to the EPC inspection conducted in September 2011. This puts it in the largest 40% 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 16 HEOL Y WERN lies on this distribution: 69% of detached houses houses are smaller than 16 HEOL Y WERN, and 31% of houses are larger. Note that EPC data is not available for all properties in Cardigan.

16 HEOL Y WERN: Plot and Title Map

16 HEOL Y WERN sits on a plot of roughly 0.168 of an acre, or 678m². The below map shows the location of 16 HEOL Y WERN, 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 HEOL Y WERN). 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 HEOL Y WERN?

16 HEOL Y WERN is located in NORTH PARK ESTATE, in the SA43 postcode district. The below map shows the position of No. 16 on HEOL Y WERN.