NORLEENS, ABERPORTH, CARDIGAN, SA43 2EJ - £173,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

NORLEENS is a small detached house of 75m², built sometime between 1967 and 1975, which could now be worth an estimated £226,988. It was last sold for £173,500 in February 2017, which was around 23% below the average February 2017 detached price in the Ceredigion local authority area. The most recent EPC inspection was April 2016, where the current energy rating was E, and the potential energy rating was B.

NORLEENS Sold Prices

Land registry data shows two sales for NORLEENS 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 NORLEENS sales were for below 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
2017 28 FEB	£173,500	£224,279	23% below HPI
1999 12 NOV	£56,250	£76,389	26% below HPI

NORLEENS 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 NORLEENS sales from November 1999 and February 2017 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 1999 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the February 2017 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might NORLEENS be worth now?

NORLEENS might now be worth an estimated £226,988.

This is based on house price inflation of 30.8%, between February 2017 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 30.8% inflationary increase is applied to the most recent sale price for NORLEENS of £173,500 on 28th February 2017. For the value to have increased from £173,500 to £226,988 over the eight years to February 2025, the following assumptions must hold true:

• The value of NORLEENS has moved in line with the HPI for detached houses in the Ceredigion local authority area.
• The February 2017 sale price of £173,500 represented a fair market value for the property.
• The size, condition, and specification of NORLEENS has not materially changed since February 2017.

How Large is NORLEENS?

NORLEENS is 75m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 30% of detached houses houses in Aberporth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Aberporth, and where NORLEENS lies on this distribution: 20% of detached houses houses are smaller than NORLEENS, and 80% of houses are larger. Note that EPC data is not available for all properties in Aberporth.

NORLEENS: Plot and Title Map

NORLEENS sits on a plot of roughly 0.103 of an acre, or 416m². The below map shows the location of NORLEENS, 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 NORLEENS). 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 NORLEENS?

NORLEENS is located in ABERPORTH, in the SA43 postcode district. The below map shows the position of NORLEENS in ABERPORTH.