GWEL Y COED, CRIBYN, LAMPETER, SA48 7NG - £189,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

GWEL Y COED is a very small detached house of 90m², built sometime between 1983 and 1990, which could now be worth an estimated £233,560. It was last sold for £189,500 in July 2019, which was around 20% below the average July 2019 detached price in the Ceredigion local authority area. The most recent EPC inspection was October 2016, where the current energy rating was F, and the potential energy rating was D.

GWEL Y COED Sold Prices

Land registry data shows two sales for GWEL Y COED 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 GWEL Y COED 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 31 JUL	£189,500	£238,069	20% below HPI
2002 1 FEB	£74,000	£97,478	24% below HPI

GWEL Y COED 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 GWEL Y COED sales from February 2002 and July 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 February 2002 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the July 2019 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might GWEL Y COED be worth now?

GWEL Y COED might now be worth an estimated £233,560.

This is based on house price inflation of 23.3%, between July 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 23.3% inflationary increase is applied to the most recent sale price for GWEL Y COED of £189,500 on 31st July 2019. For the value to have increased from £189,500 to £233,560 over the six years and five months to February 2025, the following assumptions must hold true:

• The value of GWEL Y COED has moved in line with the HPI for detached houses in the Ceredigion local authority area.
• The July 2019 sale price of £189,500 represented a fair market value for the property.
• The size, condition, and specification of GWEL Y COED has not materially changed since July 2019.

How Large is GWEL Y COED?

GWEL Y COED is 90m² according to the EPC inspection conducted in October 2016. This puts it in the smallest 20% of detached houses houses in Cribyn, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cribyn, and where GWEL Y COED lies on this distribution: 11% of detached houses houses are smaller than GWEL Y COED, and 89% of houses are larger. Note that EPC data is not available for all properties in Cribyn.

GWEL Y COED: Plot and Title Map

GWEL Y COED sits on a plot of roughly 0.247 of an acre, or 1,000m². The below map shows the location of GWEL Y COED, 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 GWEL Y COED). 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 GWEL Y COED?

GWEL Y COED is located in CRIBYN, in the SA48 postcode district. The below map shows the position of GWEL Y COED in CRIBYN.