1, OLIVE STREET, LLANELLI, SA15 2AP - £77,000

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 OLIVE STREET is a small extended detached house of 86m², built sometime between 1967 and 1975. It was last sold for £77,000 in January 2020, which was around 63% below the average January 2020 detached price in the Carmarthenshire local authority area. The most recent EPC inspection was March 2019, where the current energy rating was E, and the potential energy rating was C.

1 OLIVE STREET Sold Prices

Land registry data shows two sales for 1 OLIVE STREET 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 1 OLIVE STREET 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
2020 24 JAN	£77,000	£206,697	63% below HPI
2010 17 MAY	£86,000	£174,063	51% below HPI

1 OLIVE STREET 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 1 OLIVE STREET sales from May 2010 and January 2020 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 May 2010 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the January 2020 sale, where it falls to 63% below the HPI. The line then continues to track at 63% below the HPI.

How Large is 1 OLIVE STREET?

1 OLIVE STREET is 86m², which includes one extension, according to the EPC inspection conducted in March 2019. This puts it in the smallest 30% of detached houses in Llanelli, based on EPC data. The below chart shows the distribution of detached houses by size in Llanelli, and where 1 OLIVE STREET lies on this distribution: 24% of detached houses are smaller than 1 OLIVE STREET, and 75% of houses are larger. Note that EPC data is not available for all properties in Llanelli.

1 OLIVE STREET: Plot and Title Map

1 OLIVE STREET sits on a plot of roughly 36.4 acres, or 147,114m². The below map shows the location of 1 OLIVE STREET, 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 OLIVE STREET). 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 OLIVE STREET?

1 OLIVE STREET is located in LLANELLI, in the SA15 postcode district. The below map shows the position of No. 1 on OLIVE STREET.