CEDARS, THE RIDGEWAY, PENALLY, TENBY, SA70 7NT - £245,000

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

CEDARS is a small extended semi-detached house of 103m², built sometime between 1967 and 1975, which could now be worth an estimated £243,373. It was last sold for £245,000 in October 2024, which was around 22% above the average October 2024 semi-detached price in the Pembrokeshire local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was A.

CEDARS Sold Prices

Land registry data shows two sales for CEDARS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Pembrokeshire local authority area for the corresponding sale date. Both of the two CEDARS sales were for above 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
2024 29 OCT	£245,000	£200,879	22% above HPI
1998 6 JUL	£72,000	£40,305	79% above HPI

CEDARS Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Pembrokeshire local authority area over time, sourced from the HPI. The two CEDARS sales from July 1998 and October 2024 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 July 1998 sale was for 79% above the HPI. So the extrapolation line tracks at 79% above the HPI over time, until the October 2024 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might CEDARS be worth now?

CEDARS might now be worth an estimated £243,373.

This is based on house price deflation of 0.7%, between October 2024 and February 2025, for semi-detached houses, in the Pembrokeshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.7% deflationary decrease is applied to the most recent sale price for CEDARS of £245,000 on 29th October 2024. For the value to have decreased from £245,000 to £243,373 over the one year and eight months to February 2025, the following assumptions must hold true:

• The value of CEDARS has moved in line with the HPI for semi-detached houses in the Pembrokeshire local authority area.
• The October 2024 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of CEDARS has not materially changed since October 2024.

How Large is CEDARS?

CEDARS is 103m², which includes one extension, according to the EPC inspection conducted in October 2015. This puts it in the smallest 40% of semi-detached houses houses in Penally, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Penally, and where CEDARS lies on this distribution: 34% of semi-detached houses houses are smaller than CEDARS, and 66% of houses are larger. Note that EPC data is not available for all properties in Penally.

CEDARS: Plot and Title Map

CEDARS sits on a plot of roughly 0.255 of an acre, or 1,030m². The below map shows the location of CEDARS, 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 CEDARS). 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 CEDARS?

CEDARS is located on THE RIDGEWAY in PENALLY, in the SA70 postcode district. The below map shows the position of CEDARS on THE RIDGEWAY.