SILVER RIDGE, FFORDD Y FULFRAN, BORTH, SY24 5ND - £228,000

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

SILVER RIDGE is a midsized extended detached house of 104m², built sometime between 1950 and 1966. It was last sold for £228,000 in March 2015, which was around 4% above the average March 2015 detached price in the Ceredigion local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was C.

SILVER RIDGE Sold Prices

Land registry data shows two sales for SILVER RIDGE 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 SILVER RIDGE sales was for above the average price, whilst the other was roughly equal to 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
2015 30 MAR	£228,000	£219,051	4% above HPI
2010 17 DEC	£215,000	£214,744	Close to HPI

SILVER RIDGE 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 SILVER RIDGE sales from December 2010 and March 2015 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 December 2010 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the March 2015 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is SILVER RIDGE?

SILVER RIDGE is 104m², which includes one extension, according to the EPC inspection conducted in July 2014. This puts it in the smallest 50% of detached houses in Borth, based on EPC data. The below chart shows the distribution of detached houses by size in Borth, and where SILVER RIDGE lies on this distribution: 46% of detached houses are smaller than SILVER RIDGE, and 53% of houses are larger. Note that EPC data is not available for all properties in Borth.

SILVER RIDGE: Plot and Title Map

SILVER RIDGE sits on a plot of roughly 0.144 of an acre, or 583m². The below map shows the location of SILVER RIDGE, 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 SILVER RIDGE). 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 SILVER RIDGE?

SILVER RIDGE is located on FFORDD Y FULFRAN in BORTH, in the SY24 postcode district. The below map shows the position of SILVER RIDGE on FFORDD Y FULFRAN.