7, MELIN Y COED, CARDIGAN, SA43 1PQ - £165,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

7 MELIN Y COED is a very small detached house of 83m², built sometime between 1983 and 1990. It was last sold for £165,000 in April 2017, which was around 26% below the average April 2017 detached price in the Ceredigion local authority area. The most recent EPC inspection was July 2018, where the current energy rating was C, and the potential energy rating was B.

7 MELIN Y COED Sold Prices

Land registry data shows two sales for 7 MELIN Y COED 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 7 MELIN Y COED 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
2017 28 APR	£165,000	£222,511	26% below HPI
2001 23 JAN	£68,000	£82,330	17% below HPI

7 MELIN Y COED 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 7 MELIN Y COED sales from January 2001 and April 2017 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 January 2001 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the April 2017 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 7 MELIN Y COED?

7 MELIN Y COED is 83m² according to the EPC inspection conducted in July 2018. This puts it in the smallest 20% of detached houses in Cardigan, based on EPC data. The below chart shows the distribution of detached houses by size in Cardigan, and where 7 MELIN Y COED lies on this distribution: 20% of detached houses are smaller than 7 MELIN Y COED, and 80% of houses are larger. Note that EPC data is not available for all properties in Cardigan.

7 MELIN Y COED: Plot and Title Map

7 MELIN Y COED sits on a plot of roughly 0.088 of an acre, or 356m². The below map shows the location of 7 MELIN Y COED, 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 7 MELIN Y COED). 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 7 MELIN Y COED?

7 MELIN Y COED is located in CARDIGAN, in the SA43 postcode district. The below map shows the position of No. 7 on MELIN Y COED.