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2021 £s
edit@DankJae. Where are the 2021 £s equivalents sourced from? Rupples (talk) 11:42, 28 January 2024 (UTC)
- @Rupples, the {{Inflation}} template DankJae 13:41, 28 January 2024 (UTC)
- Right, hadn't come across this template, thought it may have been an external calculator. One thing to note is that the values calculated are based on the Consumer Price Index and not altogether relevant for an asset such as a house or land; this article helps explain Asset price inflation. Rupples (talk) 14:39, 28 January 2024 (UTC)
- @Rupples, There is one within the template based on GDP instead, although only from 1700 so only applies to one figure here.
Plas Iocyn sold in 1749 to Ellis Yonge for £1,395 (equivalent to £279,604 in 2023).
- to
Which is a bit of a difference, although both between £200k–£250k.Plas Iocyn sold in 1749 to Ellis Yonge for £1,395 (equivalent to £249,874 in 2023).
- In the end, felt adding a figure is better than none for readers. But open to removing it if you feel it is misleading. DankJae 15:29, 28 January 2024 (UTC)
- The GDP deflator may have more validity but it wouldn't include value of undeveloped land. Let's just say, if articles on similar topics here and the sources used to write the articles do not generally show such equivalents I'd be hesitant to include them. Rupples (talk) 16:46, 28 January 2024 (UTC)
- Right, hadn't come across this template, thought it may have been an external calculator. One thing to note is that the values calculated are based on the Consumer Price Index and not altogether relevant for an asset such as a house or land; this article helps explain Asset price inflation. Rupples (talk) 14:39, 28 January 2024 (UTC)