GREEN ACRES, STATION TERRACE, LAMPETER, SA48 7HH - £388,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

GREEN ACRES is a very large extended detached house of 255m², built sometime before 1900. It was last sold for £388,000 in May 2022, which was around 28% above the average May 2022 detached price in the Ceredigion local authority area. The most recent EPC inspection was April 2017, where the current energy rating was G, and the potential energy rating was C.

GREEN ACRES Sold Prices

Land registry data shows three sales for GREEN ACRES since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Ceredigion local authority area for the corresponding sale date. One of the three GREEN ACRES sales was for above the average price, whilst two 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
2022 31 MAY	£388,000	£304,207	28% above HPI
2017 8 AUG	£95,000	£234,483	59% below HPI
2017 6 JUN	£90,000	£222,369	60% below HPI

GREEN ACRES 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 three GREEN ACRES sales between June 2017 and May 2022 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 August 2017 sale was for 59% below the HPI. So the extrapolation line tracks at 59% below the HPI over time, until the May 2022 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is GREEN ACRES?

GREEN ACRES is 255m², which includes one extension, according to the EPC inspection conducted in April 2017. This puts it in the largest 10% of detached houses in Lampeter, based on EPC data. The below chart shows the distribution of detached houses by size in Lampeter, and where GREEN ACRES lies on this distribution: 96% of detached houses are smaller than GREEN ACRES, and 4% of houses are larger. Note that EPC data is not available for all properties in Lampeter.

GREEN ACRES: Plot and Title Map

GREEN ACRES sits on a plot of roughly 0.103 of an acre, or 416m². The below map shows the location of GREEN ACRES, 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 GREEN ACRES). 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 GREEN ACRES?

GREEN ACRES is located on STATION TERRACE in LAMPETER, in the SA48 postcode district. The below map shows the position of GREEN ACRES on STATION TERRACE.