KARENZA, NAPIER GARDENS, CARDIGAN, SA43 1EG - £450,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

KARENZA is a very large extended detached house of 178m², built sometime between 1930 and 1949. It was last sold for £450,000 in March 2023, which was around 46% above the average March 2023 detached price in the Ceredigion local authority area. The most recent EPC inspection was March 2013, where the current energy rating was E, and the potential energy rating was C.

KARENZA Sold Prices

Land registry data shows four sales for KARENZA since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Ceredigion local authority area for the corresponding sale date. Most of the four KARENZA sales were for above 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
2023 10 MAR	£450,000	£308,472	46% above HPI
2021 7 JUN	£375,000	£271,279	38% above HPI
2014 16 MAY	£210,000	£215,669	3% below HPI
1996 20 MAR	£100,000	£64,536	55% above HPI

KARENZA 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 four KARENZA sales between March 1996 and March 2023 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 June 2021 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the March 2023 sale, where it rises to 46% above the HPI. The line then continues to track at 46% above the HPI.

What might KARENZA be worth now?

KARENZA might now be worth an estimated £459,686.

This is based on house price inflation of 2.2%, between March 2023 and December 2024, 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 2.2% inflationary increase is applied to the most recent sale price for KARENZA of £450,000 on 10th March 2023. For the value to have increased from £450,000 to £459,686 over the three months to December 2024, the following assumptions must hold true:

• The value of KARENZA has moved in line with the HPI for detached houses in the Ceredigion local authority area.
• The March 2023 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of KARENZA has not materially changed since March 2023.

How Large is KARENZA?

KARENZA is 178m², which includes one extension, according to the EPC inspection conducted in March 2013. This puts it in the largest 20% of detached houses houses in Cardigan, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cardigan, and where KARENZA lies on this distribution: 87% of detached houses houses are smaller than KARENZA, and 13% of houses are larger. Note that EPC data is not available for all properties in Cardigan.

KARENZA: Plot and Title Map

KARENZA sits on a plot of roughly 0.183 of an acre, or 741m². The below map shows the location of KARENZA, 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 KARENZA). 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 KARENZA?

KARENZA is located on NAPIER GARDENS in CARDIGAN, in the SA43 postcode district. The below map shows the position of KARENZA on NAPIER GARDENS.