CHESTNUT COTTAGE, ABERARAD, NEWCASTLE EMLYN, SA38 9DB - £94,000

CHESTNUT COTTAGE is a very small extended detached house of 55m², built sometime before 1900. It was last sold for £94,000 in November 2016, which was around 49% below the average November 2016 detached price in the Carmarthenshire local authority area. The most recent EPC inspection was May 2016, where the current energy rating was G, and the potential energy rating was A.

CHESTNUT COTTAGE Sold Prices

Land registry data shows two sales for CHESTNUT COTTAGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Carmarthenshire local authority area for the corresponding sale date. Both of the two CHESTNUT COTTAGE 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
2016 1 NOV	£94,000	£183,054	49% below HPI
2001 21 NOV	£40,000	£77,717	49% below HPI

CHESTNUT COTTAGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Carmarthenshire local authority area over time, sourced from the HPI. The two CHESTNUT COTTAGE sales from November 2001 and November 2016 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 November 2001 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the November 2016 sale, which was also at 49% below the HPI.

How Large is CHESTNUT COTTAGE?

CHESTNUT COTTAGE is 55m², which includes one extension, according to the EPC inspection conducted in May 2016. This puts it in the smallest 10% of detached houses in Newcastle Emlyn, based on EPC data. The below chart shows the distribution of detached houses by size in Newcastle Emlyn, and where CHESTNUT COTTAGE lies on this distribution: 2% of detached houses are smaller than CHESTNUT COTTAGE, and 98% of houses are larger. Note that EPC data is not available for all properties in Newcastle Emlyn.

CHESTNUT COTTAGE: Plot and Title Map

CHESTNUT COTTAGE sits on a plot of roughly 0.158 of an acre, or 641m². The below map shows the location of CHESTNUT COTTAGE, 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 CHESTNUT COTTAGE). 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 CHESTNUT COTTAGE?

CHESTNUT COTTAGE is located in ABERARAD, in the SA38 postcode district. The below map shows the position of CHESTNUT COTTAGE in ABERARAD.