3, PINE GROVE, LLANARTH, SA47 0NW - £150,000

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 PINE GROVE is a very small detached house of 78m², built sometime between 1967 and 1975, which could now be worth an estimated £206,847. It was last sold for £150,000 in May 2015, which was around 34% below the average May 2015 detached price in the Ceredigion local authority area. The most recent EPC inspection was July 2019, where the current energy rating was E, and the potential energy rating was B.

3 PINE GROVE Sold Prices

Land registry data shows three sales for 3 PINE GROVE 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 PINE GROVE 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
2015 1 MAY	£150,000	£228,511	34% below HPI
2012 18 DEC	£136,000	£208,039	35% below HPI
2010 23 APR	£115,000	£214,131	46% below HPI

3 PINE GROVE 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 PINE GROVE sales between April 2010 and May 2015 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 December 2012 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the May 2015 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 3 PINE GROVE be worth now?

3 PINE GROVE might now be worth an estimated £206,847.

This is based on house price inflation of 37.9%, between May 2015 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 37.9% inflationary increase is applied to the most recent sale price for 3 PINE GROVE of £150,000 on 1st May 2015. For the value to have increased from £150,000 to £206,847 over the eight years and five months to December 2024, the following assumptions must hold true:

• The value of 3 PINE GROVE has moved in line with the HPI for detached houses in the Ceredigion local authority area.
• The May 2015 sale price of £150,000 represented a fair market value for the property.
• The size, condition, and specification of 3 PINE GROVE has not materially changed since May 2015.

How Large is 3 PINE GROVE?

3 PINE GROVE is 78m² according to the EPC inspection conducted in July 2019. This puts it in the smallest 20% of detached houses houses in Llanarth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Llanarth, and where 3 PINE GROVE lies on this distribution: 13% of detached houses houses are smaller than 3 PINE GROVE, and 87% of houses are larger. Note that EPC data is not available for all properties in Llanarth.

3 PINE GROVE: Plot and Title Map

3 PINE GROVE sits on a plot of roughly 0.086 of an acre, or 349m². The below map shows the location of 3 PINE GROVE, 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 PINE GROVE). 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 PINE GROVE?

3 PINE GROVE is located in LLANARTH, in the SA47 postcode district. The below map shows the position of No. 3 on PINE GROVE.