34, PENDRE, CARDIGAN, SA43 1JS - £200,000

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

34 PENDRE is a very small extended detached house of 59m², built sometime between 1900 and 1929. It was last sold for £200,000 in October 2006, which was around 8% below the average October 2006 detached price in the Ceredigion local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was C.

34 PENDRE Sold Prices

Land registry data shows two sales for 34 PENDRE 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 34 PENDRE 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
2006 12 OCT	£200,000	£218,441	8% below HPI
2005 17 JUN	£200,000	£209,041	4% below HPI

34 PENDRE 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 34 PENDRE sales from June 2005 and October 2006 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 2005 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the October 2006 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 34 PENDRE be worth now?

34 PENDRE might now be worth an estimated £288,510.

This is based on house price inflation of 44.3%, between October 2006 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 44.3% inflationary increase is applied to the most recent sale price for 34 PENDRE of £200,000 on 12th October 2006. For the value to have increased from £200,000 to £288,510 over the seventeen years and ten months to December 2024, the following assumptions must hold true:

• The value of 34 PENDRE has moved in line with the HPI for detached houses in the Ceredigion local authority area.
• The October 2006 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 34 PENDRE has not materially changed since October 2006.

How Large is 34 PENDRE?

34 PENDRE is 59m², which includes one extension, according to the EPC inspection conducted in March 2017. This puts it in the smallest 10% 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 34 PENDRE lies on this distribution: 2% of detached houses houses are smaller than 34 PENDRE, and 98% of houses are larger. Note that EPC data is not available for all properties in Cardigan.

34 PENDRE: Plot and Title Map

34 PENDRE sits on a plot of roughly 0.034 of an acre, or 139m². The below map shows the location of 34 PENDRE, 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 34 PENDRE). 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 34 PENDRE?

34 PENDRE is located in CARDIGAN, in the SA43 postcode district. The below map shows the position of No. 34 on PENDRE.