PROMISE HOUSE, BRYNGWYN, NEWCASTLE EMLYN, SA38 9PJ - £218,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

PROMISE HOUSE is a large extended detached house of 167m², built sometime between 1950 and 1966. It was last sold for £218,000 in July 2017, which was around 5% below the average July 2017 detached price in the Ceredigion local authority area. The most recent EPC inspection was May 2014, where the current energy rating was E, and the potential energy rating was C.

PROMISE HOUSE Sold Prices

Land registry data shows two sales for PROMISE HOUSE 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. One of the two PROMISE HOUSE sales was for below the average price, whilst the other 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
2017 14 JUL	£218,000	£228,541	5% below HPI
2007 20 NOV	£230,000	£227,972	1% above HPI

PROMISE HOUSE 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 PROMISE HOUSE sales from November 2007 and July 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 2007 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the July 2017 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is PROMISE HOUSE?

PROMISE HOUSE is 167m², which includes two extensions, according to the EPC inspection conducted in May 2014. This puts it in the largest 30% of detached houses in Bryngwyn, based on EPC data. The below chart shows the distribution of detached houses by size in Bryngwyn, and where PROMISE HOUSE lies on this distribution: 79% of detached houses are smaller than PROMISE HOUSE, and 21% of houses are larger. Note that EPC data is not available for all properties in Bryngwyn.

PROMISE HOUSE: Plot and Title Map

PROMISE HOUSE sits on a plot of roughly 0.125 of an acre, or 507m². The below map shows the location of PROMISE HOUSE, 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 PROMISE HOUSE). 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 PROMISE HOUSE?

PROMISE HOUSE is located in BRYNGWYN, in the SA38 postcode district. The below map shows the position of PROMISE HOUSE in BRYNGWYN.