TY EITHIN, GWBERT, CARDIGAN, SA43 1PR - £400,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

TY EITHIN is a very small detached house of 102m², built sometime between 1976 and 1982, which could now be worth an estimated £354,076. It was last sold for £400,000 in October 2022, which was around 21% above the average October 2022 detached price in the Ceredigion local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was A.

TY EITHIN Sold Prices

Land registry data shows two sales for TY EITHIN 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 TY EITHIN 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
2022 24 OCT	£400,000	£331,479	21% above HPI
1995 28 JUL	£80,000	£64,640	24% above HPI

TY EITHIN 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 TY EITHIN sales from July 1995 and October 2022 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 1995 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the October 2022 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might TY EITHIN be worth now?

TY EITHIN might now be worth an estimated £354,076.

This is based on house price deflation of 11.5%, between October 2022 and February 2025, 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 11.5% deflationary decrease is applied to the most recent sale price for TY EITHIN of £400,000 on 24th October 2022. For the value to have decreased from £400,000 to £354,076 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of TY EITHIN has moved in line with the HPI for detached houses in the Ceredigion local authority area.
• The October 2022 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of TY EITHIN has not materially changed since October 2022.

How Large is TY EITHIN?

TY EITHIN is 102m² according to the EPC inspection conducted in June 2022. This puts it in the smallest 20% of detached houses houses in Gwbert, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gwbert, and where TY EITHIN lies on this distribution: 15% of detached houses houses are smaller than TY EITHIN, and 85% of houses are larger. Note that EPC data is not available for all properties in Gwbert.

TY EITHIN: Plot and Title Map

TY EITHIN sits on a plot of roughly 0.120 of an acre, or 486m². The below map shows the location of TY EITHIN, 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 TY EITHIN). 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 TY EITHIN?

TY EITHIN is located in GWBERT, in the SA43 postcode district. The below map shows the position of TY EITHIN in GWBERT.