THE OLD ROPE HOUSE, TENBY ROAD, CARDIGAN, SA43 3AH - £127,500

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

THE OLD ROPE HOUSE is a very small detached house of 60m², built sometime before 1900. It was last sold for £127,500 in December 2016, which was around 42% below the average December 2016 detached price in the Ceredigion local authority area. The most recent EPC inspection was September 2014, where the current energy rating was E, and the potential energy rating was B.

THE OLD ROPE HOUSE Sold Prices

Land registry data shows two sales for THE OLD ROPE 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. Both of the two THE OLD ROPE HOUSE 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
2016 15 DEC	£127,500	£219,765	42% below HPI
2015 8 DEC	£120,000	£220,853	46% below HPI

THE OLD ROPE 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 THE OLD ROPE HOUSE sales from December 2015 and December 2016 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 2015 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the December 2016 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is THE OLD ROPE HOUSE?

THE OLD ROPE HOUSE is 60m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 10% of detached houses in Cardigan, based on EPC data. The below chart shows the distribution of detached houses by size in Cardigan, and where THE OLD ROPE HOUSE lies on this distribution: 3% of detached houses are smaller than THE OLD ROPE HOUSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Cardigan.

THE OLD ROPE HOUSE: Plot and Title Map

THE OLD ROPE HOUSE sits on a plot of roughly 0.023 of an acre, or 93m². The below map shows the location of THE OLD ROPE 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 THE OLD ROPE 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 THE OLD ROPE HOUSE?

THE OLD ROPE HOUSE is located on TENBY ROAD in CARDIGAN, in the SA43 postcode district. The below map shows the position of THE OLD ROPE HOUSE on TENBY ROAD.