3, HEOL MARGED, CHURCH STREET, LLANRHYSTUD, SY23 5DQ - £192,000

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.

3 HEOL MARGED is a small detached house of 86m², built sometime between 1983 and 1990, which could now be worth an estimated £237,761. It was last sold for £192,000 in May 2018, which was around 19% below the average May 2018 detached price in the Ceredigion local authority area. The most recent EPC inspection was February 2018, where the current energy rating was E, and the potential energy rating was A.

3 HEOL MARGED Sold Prices

Land registry data shows three sales for 3 HEOL MARGED 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 MARGED 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 31 MAY	£192,000	£236,948	19% below HPI
2010 11 JUN	£181,000	£229,953	21% below HPI
1998 22 JAN	£50,000	£74,421	33% below HPI

3 HEOL MARGED 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 MARGED sales between January 1998 and May 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 2010 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the May 2018 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 3 HEOL MARGED be worth now?

3 HEOL MARGED might now be worth an estimated £237,761.

This is based on house price inflation of 23.8%, between May 2018 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 23.8% inflationary increase is applied to the most recent sale price for 3 HEOL MARGED of £192,000 on 31st May 2018. For the value to have increased from £192,000 to £237,761 over the seven years and three months to February 2025, the following assumptions must hold true:

• The value of 3 HEOL MARGED has moved in line with the HPI for detached houses in the Ceredigion local authority area.
• The May 2018 sale price of £192,000 represented a fair market value for the property.
• The size, condition, and specification of 3 HEOL MARGED has not materially changed since May 2018.

How Large is 3 HEOL MARGED?

3 HEOL MARGED is 86m² according to the EPC inspection conducted in February 2018. This puts it in the smallest 40% of detached houses houses in Llanrhystud, based on EPC data. The below chart shows the distribution of detached houses houses by size in Llanrhystud, and where 3 HEOL MARGED lies on this distribution: 33% of detached houses houses are smaller than 3 HEOL MARGED, and 67% of houses are larger. Note that EPC data is not available for all properties in Llanrhystud.

3 HEOL MARGED: Plot and Title Map

3 HEOL MARGED sits on a plot of roughly 0.155 of an acre, or 629m². The below map shows the location of 3 HEOL MARGED, 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 MARGED). 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 MARGED?

3 HEOL MARGED is located on CHURCH STREET in LLANRHYSTUD, in the SY23 postcode district. The below map shows the position of 3 HEOL MARGED on CHURCH STREET.