THE ROCKS, PENPARC, CARDIGAN, SA43 1RD - £250,000

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

THE ROCKS is a midsized detached house of 121m², built sometime between 1996 and 2002. It was last sold for £250,000 in September 2018, which was around 7% above the average September 2018 detached price in the Ceredigion local authority area. The most recent EPC inspection was February 2011, where the current energy rating was D, and the potential energy rating was C.

THE ROCKS Sold Prices

Land registry data shows two sales for THE ROCKS 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 ROCKS 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
2018 21 SEP	£250,000	£233,570	7% above HPI
2003 14 AUG	£147,000	£134,566	9% above HPI

THE ROCKS 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 ROCKS sales from August 2003 and September 2018 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 August 2003 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the September 2018 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is THE ROCKS?

THE ROCKS is 121m² according to the EPC inspection conducted in February 2011. This puts it in the largest 50% of detached houses in Penparc, based on EPC data. The below chart shows the distribution of detached houses by size in Penparc, and where THE ROCKS lies on this distribution: 58% of detached houses are smaller than THE ROCKS, and 42% of houses are larger. Note that EPC data is not available for all properties in Penparc.

THE ROCKS: Plot and Title Map

THE ROCKS sits on a plot of roughly 0.235 of an acre, or 953m². The below map shows the location of THE ROCKS, 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 ROCKS). 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 ROCKS?

THE ROCKS is located in PENPARC, in the SA43 postcode district. The below map shows the position of THE ROCKS in PENPARC.