IVY COTTAGE, ABERARAD, NEWCASTLE EMLYN, SA38 9DB - £57,000

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

IVY COTTAGE is a very small extended detached house of 52m², built sometime before 1900. It was last sold for £57,000 in November 2002, which was around 39% below the average November 2002 detached price in the Carmarthenshire local authority area. The most recent EPC inspection was April 2018, where the current energy rating was E, and the potential energy rating was B.

IVY COTTAGE Sold Prices

Land registry data shows two sales for IVY COTTAGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Carmarthenshire local authority area for the corresponding sale date. Both of the two IVY COTTAGE 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
2002 29 NOV	£57,000	£93,827	39% below HPI
1995 19 DEC	£44,000	£53,061	17% below HPI

IVY COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Carmarthenshire local authority area over time, sourced from the HPI. The two IVY COTTAGE sales from December 1995 and November 2002 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 December 1995 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the November 2002 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is IVY COTTAGE?

IVY COTTAGE is 52m², which includes two extensions, according to the EPC inspection conducted in April 2018. This puts it in the smallest 10% of detached houses in Newcastle Emlyn, based on EPC data. The below chart shows the distribution of detached houses by size in Newcastle Emlyn, and where IVY COTTAGE lies on this distribution: 1% of detached houses are smaller than IVY COTTAGE, and 99% of houses are larger. Note that EPC data is not available for all properties in Newcastle Emlyn.

IVY COTTAGE: Plot and Title Map

IVY COTTAGE sits on a plot of roughly 0.148 of an acre, or 600m². The below map shows the location of IVY COTTAGE, 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 IVY COTTAGE). 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 IVY COTTAGE?

IVY COTTAGE is located in ABERARAD, in the SA38 postcode district. The below map shows the position of IVY COTTAGE in ABERARAD.