116, OBSERVATORY AVENUE, HAKIN, MILFORD HAVEN, SA73 3EU - £128,500

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

116 OBSERVATORY AVENUE is a very small detached house of 85m², built sometime between 1950 and 1966. It was last sold for £128,500 in May 2022, which was around 60% below the average May 2022 detached price in the Pembrokeshire local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was B.

116 OBSERVATORY AVENUE Sold Prices

Land registry data shows two sales for 116 OBSERVATORY AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Pembrokeshire local authority area for the corresponding sale date. Both of the two 116 OBSERVATORY AVENUE 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
2022 27 MAY	£128,500	£318,688	60% below HPI
2003 27 AUG	£59,950	£141,527	58% below HPI

116 OBSERVATORY AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Pembrokeshire local authority area over time, sourced from the HPI. The two 116 OBSERVATORY AVENUE sales from August 2003 and May 2022 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 2003 sale was for 58% below the HPI. So the extrapolation line tracks at 58% below the HPI over time, until the May 2022 sale, where it falls to 60% below the HPI. The line then continues to track at 60% below the HPI.

How Large is 116 OBSERVATORY AVENUE?

116 OBSERVATORY AVENUE is 85m² according to the EPC inspection conducted in January 2022. This puts it in the smallest 20% of detached houses in Milford Haven, based on EPC data. The below chart shows the distribution of detached houses by size in Milford Haven, and where 116 OBSERVATORY AVENUE lies on this distribution: 12% of detached houses are smaller than 116 OBSERVATORY AVENUE, and 88% of houses are larger. Note that EPC data is not available for all properties in Milford Haven.

116 OBSERVATORY AVENUE: Plot and Title Map

116 OBSERVATORY AVENUE sits on a plot of roughly 0.049 of an acre, or 198m². The below map shows the location of 116 OBSERVATORY AVENUE, 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 116 OBSERVATORY AVENUE). 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 116 OBSERVATORY AVENUE?

116 OBSERVATORY AVENUE is located in HAKIN, in the SA73 postcode district. The below map shows the position of No. 116 on OBSERVATORY AVENUE.