MAES Y FANER, PENYGRAIG, LLANBADARN FAWR, ABERYSTWYTH, SY23 3SG - £525,000

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

MAES Y FANER is a very large detached house of 197m², built sometime between 1976 and 1982, which could now be worth an estimated £461,819. It was last sold for £525,000 in November 2022, which was around 57% above the average November 2022 detached price in the Ceredigion local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was B.

MAES Y FANER Sold Prices

Land registry data shows two sales for MAES Y FANER 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 MAES Y FANER 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
2022 4 NOV	£525,000	£333,565	57% above HPI
1995 10 MAR	£80,000	£70,493	13% above HPI

MAES Y FANER 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 MAES Y FANER sales from March 1995 and November 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 March 1995 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the November 2022 sale, where it rises to 57% above the HPI. The line then continues to track at 57% above the HPI.

What might MAES Y FANER be worth now?

MAES Y FANER might now be worth an estimated £461,819.

This is based on house price deflation of 12%, between November 2022 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 12% deflationary decrease is applied to the most recent sale price for MAES Y FANER of £525,000 on 4th November 2022. For the value to have decreased from £525,000 to £461,819 over the three years and nine months to February 2025, the following assumptions must hold true:

• The value of MAES Y FANER has moved in line with the HPI for detached houses in the Ceredigion local authority area.
• The November 2022 sale price of £525,000 represented a fair market value for the property.
• The size, condition, and specification of MAES Y FANER has not materially changed since November 2022.

How Large is MAES Y FANER?

MAES Y FANER is 197m² according to the EPC inspection conducted in May 2022. This puts it in the largest 10% of detached houses houses in Llanbadarn Fawr, based on EPC data. The below chart shows the distribution of detached houses houses by size in Llanbadarn Fawr, and where MAES Y FANER lies on this distribution: 94% of detached houses houses are smaller than MAES Y FANER, and 6% of houses are larger. Note that EPC data is not available for all properties in Llanbadarn Fawr.

MAES Y FANER: Plot and Title Map

MAES Y FANER sits on a plot of roughly 0.633 of an acre, or 2,562m². The below map shows the location of MAES Y FANER, 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 MAES Y FANER). 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 MAES Y FANER?

MAES Y FANER is located on PENYGRAIG in LLANBADARN FAWR, in the SY23 postcode district. The below map shows the position of MAES Y FANER on PENYGRAIG.