BERN COTTAGE, TRESAITH, CARDIGAN, SA43 2JL - £200,000

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

BERN COTTAGE is a very small extended detached house of 58m², built sometime before 1900. It was last sold for £200,000 in June 2017, which was around 10% below the average June 2017 detached price in the Ceredigion local authority area. The most recent EPC inspection was August 2016, where the current energy rating was F, and the potential energy rating was C.

BERN COTTAGE Sold Prices

Land registry data shows two sales for BERN COTTAGE 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 BERN COTTAGE 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 9 JUN	£200,000	£222,369	10% below HPI
2012 19 DEC	£135,000	£201,851	33% below HPI

BERN COTTAGE 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 BERN COTTAGE sales from December 2012 and June 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 December 2012 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the June 2017 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is BERN COTTAGE?

BERN COTTAGE is 58m², which includes two extensions, according to the EPC inspection conducted in August 2016. This puts it in the smallest 10% of detached houses in Tresaith, based on EPC data. The below chart shows the distribution of detached houses by size in Tresaith, and where BERN COTTAGE lies on this distribution: 3% of detached houses are smaller than BERN COTTAGE, and 97% of houses are larger. Note that EPC data is not available for all properties in Tresaith.

BERN COTTAGE: Plot and Title Map

BERN COTTAGE sits on a plot of roughly 0.025 of an acre, or 103m². The below map shows the location of BERN COTTAGE, 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 BERN COTTAGE). 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 BERN COTTAGE?

BERN COTTAGE is located in TRESAITH, in the SA43 postcode district. The below map shows the position of BERN COTTAGE in TRESAITH.