PRECELLY, ABERYSTWYTH ROAD, CARDIGAN, SA43 1LU - £340,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

PRECELLY is a very large detached house of 181m², built sometime between 1930 and 1949. It was last sold for £340,000 in October 2023, which was around 1% above the average October 2023 detached price in the Ceredigion local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was C.

PRECELLY Sold Prices

Land registry data shows three sales for PRECELLY 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. One of the three PRECELLY sales was for above the average price, whilst two 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
2023 6 OCT	£340,000	£336,563	1% above HPI
2017 7 JUL	£190,000	£235,548	19% below HPI
2001 14 SEP	£82,000	£102,429	20% below HPI

PRECELLY 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 PRECELLY sales between September 2001 and October 2023 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 July 2017 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the October 2023 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might PRECELLY be worth now?

PRECELLY might now be worth an estimated £318,330.

This is based on house price deflation of 6.4%, between October 2023 and December 2024, 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 6.4% deflationary decrease is applied to the most recent sale price for PRECELLY of £340,000 on 6th October 2023. For the value to have decreased from £340,000 to £318,330 over the ten months to December 2024, the following assumptions must hold true:

• The value of PRECELLY has moved in line with the HPI for detached houses in the Ceredigion local authority area.
• The October 2023 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of PRECELLY has not materially changed since October 2023.

How Large is PRECELLY?

PRECELLY is 181m² according to the EPC inspection conducted in May 2013. This puts it in the largest 20% of detached houses houses in Cardigan, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cardigan, and where PRECELLY lies on this distribution: 88% of detached houses houses are smaller than PRECELLY, and 11% of houses are larger. Note that EPC data is not available for all properties in Cardigan.

PRECELLY: Plot and Title Map

PRECELLY sits on a plot of roughly 0.083 of an acre, or 334m². The below map shows the location of PRECELLY, 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 PRECELLY). 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 PRECELLY?

PRECELLY is located on ABERYSTWYTH ROAD in CARDIGAN, in the SA43 postcode district. The below map shows the position of PRECELLY on ABERYSTWYTH ROAD.