TY GWYN, LLANARTH, SA47 0RE - £255,000

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 GWYN is a small extended detached house of 102m², built sometime between 2003 and 2006, which could now be worth an estimated £269,677. It was last sold for £255,000 in August 2021, which was around 8% below the average August 2021 detached price in the Ceredigion local authority area. The most recent EPC inspection was May 2021, where the current energy rating was D, and the potential energy rating was C.

TY GWYN Sold Prices

Land registry data shows two sales for TY GWYN 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 GWYN 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
2021 13 AUG	£255,000	£277,453	8% below HPI
2006 13 FEB	£170,000	£214,008	21% below HPI

TY GWYN 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 GWYN sales from February 2006 and August 2021 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 February 2006 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the August 2021 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might TY GWYN be worth now?

TY GWYN might now be worth an estimated £269,677.

This is based on house price inflation of 5.8%, between August 2021 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 5.8% inflationary increase is applied to the most recent sale price for TY GWYN of £255,000 on 13th August 2021. For the value to have increased from £255,000 to £269,677 over the four years and six months to February 2025, the following assumptions must hold true:

• The value of TY GWYN has moved in line with the HPI for detached houses in the Ceredigion local authority area.
• The August 2021 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of TY GWYN has not materially changed since August 2021.

How Large is TY GWYN?

TY GWYN is 102m², which includes one extension, according to the EPC inspection conducted in May 2021. This puts it in the smallest 40% of detached houses houses in Llanarth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Llanarth, and where TY GWYN lies on this distribution: 38% of detached houses houses are smaller than TY GWYN, and 58% of houses are larger. Note that EPC data is not available for all properties in Llanarth.

TY GWYN: Plot and Title Map

TY GWYN sits on a plot of roughly 0.095 of an acre, or 384m². The below map shows the location of TY GWYN, 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 GWYN). 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 GWYN?

TY GWYN is located in LLANARTH, in the SA47 postcode district. The below map shows the position of TY GWYN in LLANARTH.