TY OPA, TRESAITH, CARDIGAN, SA43 2JG - £167,000

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

TY OPA is a very small detached house of 68m², built sometime between 1967 and 1975. It was last sold for £167,000 in December 2018, which was around 30% below the average December 2018 detached price in the Ceredigion local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was B.

TY OPA Sold Prices

Land registry data shows two sales for TY OPA 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 OPA 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
2018 3 DEC	£167,000	£239,665	30% below HPI
2017 25 SEP	£143,500	£234,698	39% below HPI

TY OPA 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 OPA sales from September 2017 and December 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 September 2017 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the December 2018 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is TY OPA?

TY OPA is 68m² according to the EPC inspection conducted in October 2021. This puts it in the smallest 10% of detached houses in Tresaith, based on EPC data. The below chart shows the distribution of detached houses by size in Tresaith, and where TY OPA lies on this distribution: 7% of detached houses are smaller than TY OPA, and 93% of houses are larger. Note that EPC data is not available for all properties in Tresaith.

TY OPA: Plot and Title Map

TY OPA sits on a plot of roughly 0.018 of an acre, or 72m². The below map shows the location of TY OPA, 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 OPA). 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 OPA?

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