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
HENDREF is a very small extended detached house of 52m², built sometime before 1900. It was last sold for £124,999 in May 2014, which was around 40% below the average May 2014 detached price in the Ceredigion local authority area. The most recent EPC inspection was August 2019, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows six sales for HENDREF since 1st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Ceredigion local authority area for the corresponding sale date. All of the six HENDREF 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 |
---|---|---|---|
2014 22 MAY | £124,999 | £209,253 | 40% below HPI |
2011 9 SEP | £90,000 | £210,126 | 57% below HPI |
2009 12 JUN | £77,500 | £206,349 | 62% below HPI |
2002 20 MAR | £44,500 | £92,594 | 52% below HPI |
2000 31 MAR | £40,950 | £86,364 | 53% below HPI |
1997 11 APR | £27,000 | £65,223 | 59% below HPI |
The below graph shows the average detached house price in the Ceredigion local authority area over time, sourced from the HPI. The six HENDREF sales between April 1997 and May 2014 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 September 2011 sale was for 57% below the HPI. So the extrapolation line tracks at 57% below the HPI over time, until the May 2014 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.
HENDREF is 52m², which includes one extension, according to the EPC inspection conducted in August 2019. This puts it in the smallest 10% of detached houses in Aberarth, based on EPC data. The below chart shows the distribution of detached houses by size in Aberarth, and where HENDREF lies on this distribution: Less than 1% of detached houses are smaller than HENDREF, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Aberarth.
HENDREF sits on a plot of roughly 0.017 of an acre, or 70m². The below map shows the location of HENDREF, 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 HENDREF). 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.
HENDREF is located in ABERARTH, in the SA46 postcode district. The below map shows the position of HENDREF in ABERARTH.