BRYNGLAS, TENBY ROAD, CARDIGAN, SA43 3AH - £248,000

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

BRYNGLAS is a small extended detached house of 93m², built sometime between 1950 and 1966. It was last sold for £248,000 in July 2022, which was around 18% below the average July 2022 detached price in the Ceredigion local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was B.

BRYNGLAS Sold Prices

Land registry data shows two sales for BRYNGLAS 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 BRYNGLAS 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
2022 15 JUL	£248,000	£302,934	18% below HPI
2021 1 MAR	£176,000	£255,754	31% below HPI

BRYNGLAS 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 BRYNGLAS sales from March 2021 and July 2022 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 March 2021 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the July 2022 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is BRYNGLAS?

BRYNGLAS is 93m², which includes two extensions, according to the EPC inspection conducted in March 2022. This puts it in the smallest 40% of detached houses in Cardigan, based on EPC data. The below chart shows the distribution of detached houses by size in Cardigan, and where BRYNGLAS lies on this distribution: 34% of detached houses are smaller than BRYNGLAS, and 66% of houses are larger. Note that EPC data is not available for all properties in Cardigan.

BRYNGLAS: Plot and Title Map

BRYNGLAS sits on a plot of roughly 0.111 of an acre, or 449m². The below map shows the location of BRYNGLAS, 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 BRYNGLAS). 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 BRYNGLAS?

BRYNGLAS is located on TENBY ROAD in CARDIGAN, in the SA43 postcode district. The below map shows the position of BRYNGLAS on TENBY ROAD.