12, LAKEVIEW TERRACE, LLANELLI, SA15 3DH - £178,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

12 LAKEVIEW TERRACE is a small detached house of 98m², built sometime between 1976 and 1982, which could now be worth an estimated £286,078. It was last sold for £178,000 in January 2015, which was around 3% above the average January 2015 detached price in the Carmarthenshire local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

12 LAKEVIEW TERRACE Sold Prices

Land registry data shows two sales for 12 LAKEVIEW TERRACE 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. One of the two 12 LAKEVIEW TERRACE sales was for above the average price, whilst the other was 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
2015 9 JAN	£178,000	£171,988	3% above HPI
2012 25 OCT	£120,000	£159,649	25% below HPI

12 LAKEVIEW TERRACE 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 12 LAKEVIEW TERRACE sales from October 2012 and January 2015 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 October 2012 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the January 2015 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 12 LAKEVIEW TERRACE be worth now?

12 LAKEVIEW TERRACE might now be worth an estimated £286,078.

This is based on house price inflation of 60.7%, between January 2015 and February 2025, for detached houses, in the Carmarthenshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 60.7% inflationary increase is applied to the most recent sale price for 12 LAKEVIEW TERRACE of £178,000 on 9th January 2015. For the value to have increased from £178,000 to £286,078 over the nine years and eleven months to February 2025, the following assumptions must hold true:

• The value of 12 LAKEVIEW TERRACE has moved in line with the HPI for detached houses in the Carmarthenshire local authority area.
• The January 2015 sale price of £178,000 represented a fair market value for the property.
• The size, condition, and specification of 12 LAKEVIEW TERRACE has not materially changed since January 2015.

How Large is 12 LAKEVIEW TERRACE?

12 LAKEVIEW TERRACE is 98m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 40% of detached houses houses in Llanelli, based on EPC data. The below chart shows the distribution of detached houses houses by size in Llanelli, and where 12 LAKEVIEW TERRACE lies on this distribution: 38% of detached houses houses are smaller than 12 LAKEVIEW TERRACE, and 61% of houses are larger. Note that EPC data is not available for all properties in Llanelli.

12 LAKEVIEW TERRACE: Plot and Title Map

12 LAKEVIEW TERRACE sits on a plot of roughly 0.089 of an acre, or 360m². The below map shows the location of 12 LAKEVIEW TERRACE, 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 12 LAKEVIEW TERRACE). 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 12 LAKEVIEW TERRACE?

12 LAKEVIEW TERRACE is located in LLANELLI, in the SA15 postcode district. The below map shows the position of No. 12 on LAKEVIEW TERRACE.