3, HEOL DERW, CARDIGAN, SA43 1NH - £275,000

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

3 HEOL DERW is a small detached house of 90m², built sometime between 1967 and 1975. It was last sold for £275,000 in May 2023, which was around 13% below the average May 2023 detached price in the Ceredigion local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was C.

3 HEOL DERW Sold Prices

Land registry data shows three sales for 3 HEOL DERW 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 3 HEOL DERW 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
2023 5 MAY	£275,000	£314,679	13% below HPI
2006 14 JUL	£150,000	£211,824	29% below HPI
2005 14 JAN	£127,000	£198,134	36% below HPI

3 HEOL DERW 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 3 HEOL DERW sales between January 2005 and May 2023 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 2006 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the May 2023 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 3 HEOL DERW be worth now?

3 HEOL DERW might now be worth an estimated £275,378.

This is based on house price inflation of 0.1%, between May 2023 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 0.1% inflationary increase is applied to the most recent sale price for 3 HEOL DERW of £275,000 on 5th May 2023. For the value to have increased from £275,000 to £275,378 over the five months to December 2024, the following assumptions must hold true:

• The value of 3 HEOL DERW has moved in line with the HPI for detached houses in the Ceredigion local authority area.
• The May 2023 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 3 HEOL DERW has not materially changed since May 2023.

How Large is 3 HEOL DERW?

3 HEOL DERW is 90m² according to the EPC inspection conducted in August 2022. 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 3 HEOL DERW lies on this distribution: 25% of detached houses houses are smaller than 3 HEOL DERW, and 71% of houses are larger. Note that EPC data is not available for all properties in Cardigan.

3 HEOL DERW: Plot and Title Map

3 HEOL DERW sits on a plot of roughly 0.108 of an acre, or 436m². The below map shows the location of 3 HEOL DERW, 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 3 HEOL DERW). 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 3 HEOL DERW?

3 HEOL DERW is located in CARDIGAN, in the SA43 postcode district. The below map shows the position of No. 3 on HEOL DERW.