32, HEOL DERW, CARDIGAN, SA43 1NH - £295,000

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

32 HEOL DERW is a small detached house of 90m², built sometime between 1967 and 1975. It was last sold for £295,000 in July 2023, which was around 8% below the average July 2023 detached price in the Ceredigion local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was B.

32 HEOL DERW Sold Prices

Land registry data shows two sales for 32 HEOL DERW 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 32 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 24 JUL	£295,000	£320,838	8% below HPI
2001 22 FEB	£73,000	£87,618	17% below HPI

32 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 two 32 HEOL DERW sales from February 2001 and July 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 February 2001 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the July 2023 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 32 HEOL DERW be worth now?

32 HEOL DERW might now be worth an estimated £289,735.

This is based on house price deflation of 1.8%, between July 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 1.8% deflationary decrease is applied to the most recent sale price for 32 HEOL DERW of £295,000 on 24th July 2023. For the value to have decreased from £295,000 to £289,735 over the seven months to December 2024, the following assumptions must hold true:

• The value of 32 HEOL DERW has moved in line with the HPI for detached houses in the Ceredigion local authority area.
• The July 2023 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 32 HEOL DERW has not materially changed since July 2023.

How Large is 32 HEOL DERW?

32 HEOL DERW is 90m² according to the EPC inspection conducted in July 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 32 HEOL DERW lies on this distribution: 25% of detached houses houses are smaller than 32 HEOL DERW, and 71% of houses are larger. Note that EPC data is not available for all properties in Cardigan.

32 HEOL DERW: Plot and Title Map

32 HEOL DERW sits on a plot of roughly 0.150 of an acre, or 607m². The below map shows the location of 32 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 32 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 32 HEOL DERW?

32 HEOL DERW is located in CARDIGAN, in the SA43 postcode district. The below map shows the position of No. 32 on HEOL DERW.