18, GERDDI RHEIDOL, TREFECHAN, ABERYSTWYTH, SY23 1DB - £115,000

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

18 GERDDI RHEIDOL is a very small detached house of 61m², built sometime between 1996 and 2002, which could now be worth an estimated £148,773. It was last sold for £115,000 in October 2018, which was around 53% below the average October 2018 detached price in the Ceredigion local authority area. The most recent EPC inspection was July 2017, where the current energy rating was C, and the potential energy rating was B.

18 GERDDI RHEIDOL Sold Prices

Land registry data shows two sales for 18 GERDDI RHEIDOL 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 18 GERDDI RHEIDOL 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
2018 26 OCT	£115,000	£243,578	53% below HPI
2002 28 JUN	£69,995	£103,132	32% below HPI

18 GERDDI RHEIDOL 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 18 GERDDI RHEIDOL sales from June 2002 and October 2018 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 2002 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the October 2018 sale, where it falls to 53% below the HPI. The line then continues to track at 53% below the HPI.

What might 18 GERDDI RHEIDOL be worth now?

18 GERDDI RHEIDOL might now be worth an estimated £148,773.

This is based on house price inflation of 29.4%, between October 2018 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 29.4% inflationary increase is applied to the most recent sale price for 18 GERDDI RHEIDOL of £115,000 on 26th October 2018. For the value to have increased from £115,000 to £148,773 over the five years and ten months to December 2024, the following assumptions must hold true:

• The value of 18 GERDDI RHEIDOL has moved in line with the HPI for detached houses in the Ceredigion local authority area.
• The October 2018 sale price of £115,000 represented a fair market value for the property.
• The size, condition, and specification of 18 GERDDI RHEIDOL has not materially changed since October 2018.

How Large is 18 GERDDI RHEIDOL?

18 GERDDI RHEIDOL is 61m² according to the EPC inspection conducted in July 2017. This puts it in the smallest 10% of detached houses houses in Aberystwyth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Aberystwyth, and where 18 GERDDI RHEIDOL lies on this distribution: 3% of detached houses houses are smaller than 18 GERDDI RHEIDOL, and 96% of houses are larger. Note that EPC data is not available for all properties in Aberystwyth.

18 GERDDI RHEIDOL: Plot and Title Map

18 GERDDI RHEIDOL sits on a plot of roughly 0.628 of an acre, or 2,543m². The below map shows the location of 18 GERDDI RHEIDOL, 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 18 GERDDI RHEIDOL). 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 18 GERDDI RHEIDOL?

18 GERDDI RHEIDOL is located in TREFECHAN, in the SY23 postcode district. The below map shows the position of No. 18 on GERDDI RHEIDOL.