GELLI, TENBY ROAD, CARDIGAN, SA43 3AH - £144,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

GELLI is a small extended semi-detached house of 92m², built sometime between 1930 and 1949. It was last sold for £144,000 in October 2016, which was around 34% below the average October 2016 detached price in the Ceredigion local authority area. The most recent EPC inspection was July 2024, where the current energy rating was D, and the potential energy rating was C.

GELLI Sold Prices

Land registry data shows two sales for GELLI 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 GELLI 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
2016 28 OCT	£144,000	£217,607	34% below HPI
2015 27 MAR	£145,000	£219,051	34% below HPI

GELLI 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 GELLI sales from March 2015 and October 2016 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 2015 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the October 2016 sale, which was also at 34% below the HPI.

How Large is GELLI?

GELLI is 92m², which includes one extension, according to the EPC inspection conducted in July 2024. This puts it in the smallest 40% of detached houses in Cardigan, based on EPC data. The below chart shows the distribution of detached houses by size in Cardigan, and where GELLI lies on this distribution: 31% of detached houses are smaller than GELLI, and 66% of houses are larger. Note that EPC data is not available for all properties in Cardigan.

GELLI: Plot and Title Map

GELLI sits on a plot of roughly 0.085 of an acre, or 344m². The below map shows the location of GELLI, 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 GELLI). 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 GELLI?

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