MOUNT HOPE, CILCENNIN, LAMPETER, SA48 8RR - £280,000

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

MOUNT HOPE is a large extended detached house of 168m², built sometime before 1900. It was last sold for £280,000 in August 2009, which was around 32% above the average August 2009 detached price in the Ceredigion local authority area. The most recent EPC inspection was April 2024, where the current energy rating was E, and the potential energy rating was B.

MOUNT HOPE Sold Prices

Land registry data shows two sales for MOUNT HOPE 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 MOUNT HOPE 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
2009 19 AUG	£280,000	£212,687	32% above HPI
1997 23 DEC	£98,250	£70,569	39% above HPI

MOUNT HOPE 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 MOUNT HOPE sales from December 1997 and August 2009 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 1997 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the August 2009 sale, where it falls to 32% above the HPI. The line then continues to track at 32% above the HPI.

How Large is MOUNT HOPE?

MOUNT HOPE is 168m², which includes two extensions, according to the EPC inspection conducted in April 2024. This puts it in the largest 30% of detached houses in Cilcennin, based on EPC data. The below chart shows the distribution of detached houses by size in Cilcennin, and where MOUNT HOPE lies on this distribution: 77% of detached houses are smaller than MOUNT HOPE, and 23% of houses are larger. Note that EPC data is not available for all properties in Cilcennin.

MOUNT HOPE: Plot and Title Map

MOUNT HOPE sits on a plot of roughly 1.9 acres, or 7,836m². The below map shows the location of MOUNT HOPE, 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 MOUNT HOPE). 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 MOUNT HOPE?

MOUNT HOPE is located in CILCENNIN, in the SA48 postcode district. The below map shows the position of MOUNT HOPE in CILCENNIN.