FAIRLANDS, NORTH ROAD, ABERYSTWYTH, SY23 2EE - £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

FAIRLANDS is a midsized extended semi-detached house of 109m², built sometime before 1900, which could now be worth an estimated £320,541. It was last sold for £240,000 in September 2018, which was around 59% above the average September 2018 semi-detached price in the Ceredigion local authority area. The most recent EPC inspection was June 2017, where the current energy rating was E, and the potential energy rating was B.

FAIRLANDS Sold Prices

Land registry data shows three sales for FAIRLANDS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Ceredigion local authority area for the corresponding sale date. All of the three FAIRLANDS 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
2018 17 SEP	£240,000	£151,118	59% above HPI
2005 1 JUN	£232,000	£133,918	73% above HPI
1999 8 JAN	£90,000	£43,338	108% above HPI

FAIRLANDS Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Ceredigion local authority area over time, sourced from the HPI. The three FAIRLANDS sales between January 1999 and September 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 June 2005 sale was for 73% above the HPI. So the extrapolation line tracks at 73% above the HPI over time, until the September 2018 sale, where it falls to 59% above the HPI. The line then continues to track at 59% above the HPI.

What might FAIRLANDS be worth now?

FAIRLANDS might now be worth an estimated £320,541.

This is based on house price inflation of 33.6%, between September 2018 and December 2024, for semi-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 33.6% inflationary increase is applied to the most recent sale price for FAIRLANDS of £240,000 on 17th September 2018. For the value to have increased from £240,000 to £320,541 over the five years and nine months to December 2024, the following assumptions must hold true:

• The value of FAIRLANDS has moved in line with the HPI for semi-detached houses in the Ceredigion local authority area.
• The September 2018 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of FAIRLANDS has not materially changed since September 2018.

How Large is FAIRLANDS?

FAIRLANDS is 109m², which includes two extensions, according to the EPC inspection conducted in June 2017. This puts it in the smallest 50% of semi-detached houses houses in Aberystwyth, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Aberystwyth, and where FAIRLANDS lies on this distribution: 43% of semi-detached houses houses are smaller than FAIRLANDS, and 54% of houses are larger. Note that EPC data is not available for all properties in Aberystwyth.

FAIRLANDS: Plot and Title Map

FAIRLANDS sits on a plot of roughly 0.082 of an acre, or 330m². The below map shows the location of FAIRLANDS, 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 FAIRLANDS). 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 FAIRLANDS?

FAIRLANDS is located on NORTH ROAD in ABERYSTWYTH, in the SY23 postcode district. The below map shows the position of FAIRLANDS on NORTH ROAD.