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

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

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 34% 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	£220,117	34% below HPI
2012 13 APR	£112,000	£207,453	46% 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 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the August 2016 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

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 in Cardigan, based on EPC data. The below chart shows the distribution of detached houses by size in Cardigan, and where 9 GROVE PARK lies on this distribution: 22% of detached 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.