124, GELLI ROAD, LLANELLI, SA14 9AD - £175,000

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

124 GELLI ROAD is a large extended detached house of 138m², built sometime before 1900. It was last sold for £175,000 in October 2022, which was around 38% below the average October 2022 detached price in the Carmarthenshire local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was A.

124 GELLI ROAD Sold Prices

Land registry data shows three sales for 124 GELLI ROAD 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 124 GELLI ROAD 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 31 OCT	£175,000	£280,076	38% below HPI
2007 24 AUG	£115,000	£188,437	39% below HPI
2007 26 APR	£136,000	£181,417	25% below HPI

124 GELLI ROAD 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 124 GELLI ROAD sales between April 2007 and October 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 2007 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the October 2022 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 124 GELLI ROAD?

124 GELLI ROAD is 138m², which includes three extensions, according to the EPC inspection conducted in June 2022. This puts it in the largest 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 124 GELLI ROAD lies on this distribution: 78% of detached houses are smaller than 124 GELLI ROAD, and 20% of houses are larger. Note that EPC data is not available for all properties in Llanelli.

124 GELLI ROAD: Plot and Title Map

124 GELLI ROAD sits on a plot of roughly 0.075 of an acre, or 303m². The below map shows the location of 124 GELLI ROAD, 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 124 GELLI ROAD). 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 124 GELLI ROAD?

124 GELLI ROAD is located in LLANELLI, in the SA14 postcode district. The below map shows the position of No. 124 on GELLI ROAD.