PINEWOODS, LLECHRYD, CARDIGAN, SA43 2NH - £225,000

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

PINEWOODS is a very small detached house of 83m², built sometime between 1967 and 1975. It was last sold for £225,000 in January 2022, which was around 25% below the average January 2022 detached price in the Ceredigion local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was C.

PINEWOODS Sold Prices

Land registry data shows two sales for PINEWOODS 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 PINEWOODS 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
2022 10 JAN	£225,000	£301,972	25% below HPI
2019 7 NOV	£155,000	£238,399	35% below HPI

PINEWOODS 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 PINEWOODS sales from November 2019 and January 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 2019 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the January 2022 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is PINEWOODS?

PINEWOODS is 83m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 10% of detached houses in Llechryd, based on EPC data. The below chart shows the distribution of detached houses by size in Llechryd, and where PINEWOODS lies on this distribution: 10% of detached houses are smaller than PINEWOODS, and 90% of houses are larger. Note that EPC data is not available for all properties in Llechryd.

PINEWOODS: Plot and Title Map

PINEWOODS sits on a plot of roughly 0.159 of an acre, or 644m². The below map shows the location of PINEWOODS, 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 PINEWOODS). 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 PINEWOODS?

PINEWOODS is located in LLECHRYD, in the SA43 postcode district. The below map shows the position of PINEWOODS in LLECHRYD.