CAERHUN, VERWIG ROAD, CARDIGAN, SA43 1PJ - £300,000

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

CAERHUN is a very large extended detached house of 201m², built sometime between 1950 and 1966. It was last sold for £300,000 in January 2018, which was around 27% above the average January 2018 detached price in the Ceredigion local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was B.

CAERHUN Sold Prices

Land registry data shows two sales for CAERHUN 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. One of the two CAERHUN sales was for above the average price, whilst the other was 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
2018 19 JAN	£300,000	£236,243	27% above HPI
1998 27 MAR	£59,000	£78,303	25% below HPI

CAERHUN 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 CAERHUN sales from March 1998 and January 2018 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 1998 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the January 2018 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.

What might CAERHUN be worth now?

CAERHUN might now be worth an estimated £400,154.

This is based on house price inflation of 33.4%, between January 2018 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 33.4% inflationary increase is applied to the most recent sale price for CAERHUN of £300,000 on 19th January 2018. For the value to have increased from £300,000 to £400,154 over the five years and one month to December 2024, the following assumptions must hold true:

• The value of CAERHUN has moved in line with the HPI for detached houses in the Ceredigion local authority area.
• The January 2018 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of CAERHUN has not materially changed since January 2018.

How Large is CAERHUN?

CAERHUN is 201m², which includes one extension, according to the EPC inspection conducted in September 2013. This puts it in the largest 10% 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 CAERHUN lies on this distribution: 92% of detached houses houses are smaller than CAERHUN, and 7% of houses are larger. Note that EPC data is not available for all properties in Cardigan.

CAERHUN: Plot and Title Map

CAERHUN sits on a plot of roughly 0.229 of an acre, or 928m². The below map shows the location of CAERHUN, 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 CAERHUN). 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 CAERHUN?

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