ELM HOUSE, PWLLHOBI, LLANBADARN FAWR, ABERYSTWYTH, SY23 3SX - £240,000

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

ELM HOUSE is a very small detached house of 81m², built sometime before 1900, which could now be worth an estimated £286,641. It was last sold for £240,000 in December 2019, which was around 2% below the average December 2019 detached price in the Ceredigion local authority area. The most recent EPC inspection was December 2008, where the current energy rating was G, and the potential energy rating was G.

ELM HOUSE Sold Prices

Land registry data shows two sales for ELM HOUSE 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 ELM HOUSE 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
2019 2 DEC	£240,000	£245,678	2% below HPI
2009 5 MAR	£88,000	£215,443	59% below HPI

ELM HOUSE 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 ELM HOUSE sales from March 2009 and December 2019 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 2009 sale was for 59% below the HPI. So the extrapolation line tracks at 59% below the HPI over time, until the December 2019 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might ELM HOUSE be worth now?

ELM HOUSE might now be worth an estimated £286,641.

This is based on house price inflation of 19.4%, between December 2019 and February 2025, 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 19.4% inflationary increase is applied to the most recent sale price for ELM HOUSE of £240,000 on 2nd December 2019. For the value to have increased from £240,000 to £286,641 over the six years and ten months to February 2025, the following assumptions must hold true:

• The value of ELM HOUSE has moved in line with the HPI for detached houses in the Ceredigion local authority area.
• The December 2019 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of ELM HOUSE has not materially changed since December 2019.

How Large is ELM HOUSE?

ELM HOUSE is 81m² according to the EPC inspection conducted in December 2008. This puts it in the smallest 20% of detached houses houses in Llanbadarn Fawr, based on EPC data. The below chart shows the distribution of detached houses houses by size in Llanbadarn Fawr, and where ELM HOUSE lies on this distribution: 12% of detached houses houses are smaller than ELM HOUSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Llanbadarn Fawr.

ELM HOUSE: Plot and Title Map

ELM HOUSE sits on a plot of roughly 0.109 of an acre, or 442m². The below map shows the location of ELM HOUSE, 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 ELM HOUSE). 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 ELM HOUSE?

ELM HOUSE is located on PWLLHOBI in LLANBADARN FAWR, in the SY23 postcode district. The below map shows the position of ELM HOUSE on PWLLHOBI.