DERWENT, TRESAITH, CARDIGAN, SA43 2JN - £230,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

DERWENT is a midsized extended detached house of 166m², built sometime between 1950 and 1966. It was last sold for £230,000 in February 2017, which was around 6% above the average February 2017 detached price in the Ceredigion local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was B.

DERWENT Sold Prices

Land registry data shows two sales for DERWENT 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 DERWENT 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
2017 3 FEB	£230,000	£217,608	6% above HPI
2014 16 JUL	£245,000	£221,770	10% above HPI

DERWENT 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 DERWENT sales from July 2014 and February 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 July 2014 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the February 2017 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is DERWENT?

DERWENT is 166m², which includes four extensions, according to the EPC inspection conducted in May 2019. This puts it in the largest 50% of detached houses in Tresaith, based on EPC data. The below chart shows the distribution of detached houses by size in Tresaith, and where DERWENT lies on this distribution: 52% of detached houses are smaller than DERWENT, and 48% of houses are larger. Note that EPC data is not available for all properties in Tresaith.

DERWENT: Plot and Title Map

DERWENT sits on a plot of roughly 0.161 of an acre, or 651m². The below map shows the location of DERWENT, 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 DERWENT). 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 DERWENT?

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