MORAWEL, PWLLHOBI, LLANBADARN FAWR, ABERYSTWYTH, SY23 3SR - £185,000

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

MORAWEL is a very small extended detached house of 80m², built sometime between 1900 and 1929. It was last sold for £185,000 in November 2020, which was around 27% below the average November 2020 detached price in the Ceredigion local authority area. The most recent EPC inspection was March 2011, where the current energy rating was E, and the potential energy rating was E.

MORAWEL Sold Prices

Land registry data shows three sales for MORAWEL since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Ceredigion local authority area for the corresponding sale date. Two of the three MORAWEL sales were for below the average price, whilst one 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
2020 6 NOV	£185,000	£254,283	27% below HPI
2017 27 OCT	£150,000	£232,600	36% below HPI
2009 24 APR	£266,500	£187,752	42% 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 three MORAWEL sales between April 2009 and November 2020 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 October 2017 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the November 2020 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is MORAWEL?

MORAWEL is 80m², which includes one extension, according to the EPC inspection conducted in March 2011. This puts it in the smallest 20% of detached houses in Llanbadarn Fawr, based on EPC data. The below chart shows the distribution of detached houses by size in Llanbadarn Fawr, and where MORAWEL lies on this distribution: 11% of detached houses are smaller than MORAWEL, and 89% of houses are larger. Note that EPC data is not available for all properties in Llanbadarn Fawr.

MORAWEL: Plot and Title Map

MORAWEL sits on a plot of roughly 0.048 of an acre, or 195m². 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 PWLLHOBI in LLANBADARN FAWR, in the SY23 postcode district. The below map shows the position of MORAWEL on PWLLHOBI.