9, GROVE PARK, CARDIGAN, SA43 1AX - £145,000

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

9 GROVE PARK is a small detached house of 87m², built sometime between 1983 and 1990. It was last sold for £145,000 in August 2016, which was around 36% below the average August 2016 detached price in the Ceredigion local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was A.

9 GROVE PARK Sold Prices

Land registry data shows two sales for 9 GROVE PARK 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 9 GROVE PARK 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
2016 19 AUG	£145,000	£226,866	36% below HPI
2012 13 APR	£112,000	£213,813	48% below HPI

9 GROVE PARK 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 9 GROVE PARK sales from April 2012 and August 2016 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 April 2012 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the August 2016 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 9 GROVE PARK be worth now?

9 GROVE PARK might now be worth an estimated £201,402.

This is based on house price inflation of 38.9%, between August 2016 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 38.9% inflationary increase is applied to the most recent sale price for 9 GROVE PARK of £145,000 on 19th August 2016. For the value to have increased from £145,000 to £201,402 over the seven years and eight months to December 2024, the following assumptions must hold true:

• The value of 9 GROVE PARK has moved in line with the HPI for detached houses in the Ceredigion local authority area.
• The August 2016 sale price of £145,000 represented a fair market value for the property.
• The size, condition, and specification of 9 GROVE PARK has not materially changed since August 2016.

How Large is 9 GROVE PARK?

9 GROVE PARK is 87m² according to the EPC inspection conducted in April 2016. 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 9 GROVE PARK lies on this distribution: 22% of detached houses houses are smaller than 9 GROVE PARK, and 77% of houses are larger. Note that EPC data is not available for all properties in Cardigan.

9 GROVE PARK: Plot and Title Map

9 GROVE PARK sits on a plot of roughly 0.086 of an acre, or 350m². The below map shows the location of 9 GROVE PARK, 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 9 GROVE PARK). 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 9 GROVE PARK?

9 GROVE PARK is located in CARDIGAN, in the SA43 postcode district. The below map shows the position of No. 9 on GROVE PARK.