12, THE PARADE, CARMARTHEN, SA31 1LY - £264,000

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 THE PARADE is a very large extended detached house of 225m², built sometime before 1900, which could now be worth an estimated £365,927. It was last sold for £264,000 in April 2019, which was around 32% above the average April 2019 detached price in the Carmarthenshire local authority area. The most recent EPC inspection was May 2021, where the current energy rating was E, and the potential energy rating was C.

12 THE PARADE Sold Prices

Land registry data shows two sales for 12 THE PARADE 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 12 THE PARADE 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
2019 1 APR	£264,000	£199,422	32% above HPI
2006 19 APR	£300,000	£172,368	74% above HPI

12 THE PARADE 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 THE PARADE sales from April 2006 and April 2019 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 April 2006 sale was for 74% above the HPI. So the extrapolation line tracks at 74% above the HPI over time, until the April 2019 sale, where it falls to 32% above the HPI. The line then continues to track at 32% above the HPI.

What might 12 THE PARADE be worth now?

12 THE PARADE might now be worth an estimated £365,927.

This is based on house price inflation of 38.6%, between April 2019 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 38.6% inflationary increase is applied to the most recent sale price for 12 THE PARADE of £264,000 on 1st April 2019. For the value to have increased from £264,000 to £365,927 over the six years and two months to February 2025, the following assumptions must hold true:

• The value of 12 THE PARADE has moved in line with the HPI for detached houses in the Carmarthenshire local authority area.
• The April 2019 sale price of £264,000 represented a fair market value for the property.
• The size, condition, and specification of 12 THE PARADE has not materially changed since April 2019.

How Large is 12 THE PARADE?

12 THE PARADE is 225m², which includes four extensions, according to the EPC inspection conducted in May 2021. This puts it in the largest 10% of detached houses houses in Carmarthen, based on EPC data. The below chart shows the distribution of detached houses houses by size in Carmarthen, and where 12 THE PARADE lies on this distribution: 97% of detached houses houses are smaller than 12 THE PARADE, and 3% of houses are larger. Note that EPC data is not available for all properties in Carmarthen.

12 THE PARADE: Plot and Title Map

12 THE PARADE sits on a plot of roughly 0.145 of an acre, or 585m². The below map shows the location of 12 THE PARADE, 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 THE PARADE). 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 THE PARADE?

12 THE PARADE is located in CARMARTHEN, in the SA31 postcode district. The below map shows the position of No. 12 on THE PARADE.