RHYSTYD, PARK PLACE, CARDIGAN, SA43 1AE - £333,000

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

RHYSTYD is a very large extended detached house of 202m², built sometime between 1930 and 1949. It was last sold for £333,000 in November 2014, which was around 49% above the average November 2014 detached price in the Ceredigion local authority area. The most recent EPC inspection was February 2009, where the current energy rating was C, and the potential energy rating was C.

RHYSTYD Sold Prices

Land registry data shows two sales for RHYSTYD 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 RHYSTYD 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
2014 28 NOV	£333,000	£223,595	49% above HPI
2000 11 JUL	£137,500	£80,711	70% above HPI

RHYSTYD 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 RHYSTYD sales from July 2000 and November 2014 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 2000 sale was for 70% above the HPI. So the extrapolation line tracks at 70% above the HPI over time, until the November 2014 sale, where it falls to 49% above the HPI. The line then continues to track at 49% above the HPI.

What might RHYSTYD be worth now?

RHYSTYD might now be worth an estimated £469,296.

This is based on house price inflation of 40.9%, between November 2014 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 40.9% inflationary increase is applied to the most recent sale price for RHYSTYD of £333,000 on 28th November 2014. For the value to have increased from £333,000 to £469,296 over the nine years and eleven months to December 2024, the following assumptions must hold true:

• The value of RHYSTYD has moved in line with the HPI for detached houses in the Ceredigion local authority area.
• The November 2014 sale price of £333,000 represented a fair market value for the property.
• The size, condition, and specification of RHYSTYD has not materially changed since November 2014.

How Large is RHYSTYD?

RHYSTYD is 202m², which includes two extensions, according to the EPC inspection conducted in February 2009. This puts it in the largest 10% 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 RHYSTYD lies on this distribution: 94% of detached houses houses are smaller than RHYSTYD, and 6% of houses are larger. Note that EPC data is not available for all properties in Cardigan.

RHYSTYD: Plot and Title Map

RHYSTYD sits on a plot of roughly 0.254 of an acre, or 1,027m². The below map shows the location of RHYSTYD, 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 RHYSTYD). 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 RHYSTYD?

RHYSTYD is located on PARK PLACE in CARDIGAN, in the SA43 postcode district. The below map shows the position of RHYSTYD on PARK PLACE.