MORAWEL, CLIFF DRIVE, BORTH, SY24 5NL - £280,000

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

MORAWEL is a small extended detached house of 81m², built sometime between 1996 and 2002. It was last sold for £280,000 in May 2022, which was around 8% below the average May 2022 detached price in the Ceredigion local authority area. The most recent EPC inspection was May 2013, where the current energy rating was E, and the potential energy rating was C.

MORAWEL Sold Prices

Land registry data shows two sales for MORAWEL 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. One of the two MORAWEL sales was for below the average price, whilst the other was 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 6 MAY	£280,000	£304,207	8% below HPI
2013 19 NOV	£245,000	£200,794	22% above HPI

MORAWEL 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 MORAWEL sales from November 2013 and May 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 November 2013 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the May 2022 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is MORAWEL?

MORAWEL is 81m², which includes one extension, according to the EPC inspection conducted in May 2013. This puts it in the smallest 30% of detached houses in Borth, based on EPC data. The below chart shows the distribution of detached houses by size in Borth, and where MORAWEL lies on this distribution: 22% of detached houses are smaller than MORAWEL, and 77% of houses are larger. Note that EPC data is not available for all properties in Borth.

MORAWEL: Plot and Title Map

MORAWEL sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of MORAWEL, 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 MORAWEL). 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 MORAWEL?

MORAWEL is located on CLIFF DRIVE in BORTH, in the SY24 postcode district. The below map shows the position of MORAWEL on CLIFF DRIVE.