1, MAES DERWEN, CROSS HANDS, LLANELLI, SA14 6SW - £165,000

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

1 MAES DERWEN is a large extended detached house of 148m², built sometime between 1996 and 2002. It was last sold for £165,000 in February 2005, which was around 3% above the average February 2005 detached price in the Carmarthenshire local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was C.

1 MAES DERWEN Sold Prices

Land registry data shows three sales for 1 MAES DERWEN since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Carmarthenshire local authority area for the corresponding sale date. All of the three 1 MAES DERWEN 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
2005 4 FEB	£165,000	£159,934	3% above HPI
2002 28 AUG	£142,950	£85,985	66% above HPI
2002 11 JUN	£149,950	£79,121	90% above HPI

1 MAES DERWEN 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 three 1 MAES DERWEN sales between June 2002 and February 2005 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 August 2002 sale was for 66% above the HPI. So the extrapolation line tracks at 66% above the HPI over time, until the February 2005 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 1 MAES DERWEN?

1 MAES DERWEN is 148m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the largest 40% of detached houses in Morfa, based on EPC data. The below chart shows the distribution of detached houses by size in Morfa, and where 1 MAES DERWEN lies on this distribution: 62% of detached houses are smaller than 1 MAES DERWEN, and 38% of houses are larger. Note that EPC data is not available for all properties in Morfa.

1 MAES DERWEN: Plot and Title Map

1 MAES DERWEN sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of 1 MAES DERWEN, 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 1 MAES DERWEN). 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 1 MAES DERWEN?

1 MAES DERWEN is located in CROSS HANDS, in the SA14 postcode district. The below map shows the position of No. 1 on MAES DERWEN.