14, PALACE AVENUE, LLANELLI, SA15 1NA - £138,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

14 PALACE AVENUE is a midsized extended detached house of 115m², built sometime between 1900 and 1929. It was last sold for £138,000 in May 2018, which was around 26% below the average May 2018 detached price in the Carmarthenshire local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was C.

14 PALACE AVENUE Sold Prices

Land registry data shows two sales for 14 PALACE 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 Carmarthenshire local authority area for the corresponding sale date. Both of the two 14 PALACE 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
2018 1 MAY	£138,000	£186,667	26% below HPI
1999 16 SEP	£50,000	£63,814	22% below HPI

14 PALACE AVENUE 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 14 PALACE AVENUE sales from September 1999 and May 2018 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 September 1999 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the May 2018 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 14 PALACE AVENUE?

14 PALACE AVENUE is 115m², which includes one extension, according to the EPC inspection conducted in February 2018. This puts it in the largest 50% of detached houses in Llanelli, based on EPC data. The below chart shows the distribution of detached houses by size in Llanelli, and where 14 PALACE AVENUE lies on this distribution: 57% of detached houses are smaller than 14 PALACE AVENUE, and 41% of houses are larger. Note that EPC data is not available for all properties in Llanelli.

14 PALACE AVENUE: Plot and Title Map

14 PALACE AVENUE sits on a plot of roughly 0.052 of an acre, or 210m². The below map shows the location of 14 PALACE 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 14 PALACE 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 14 PALACE AVENUE?

14 PALACE AVENUE is located in LLANELLI, in the SA15 postcode district. The below map shows the position of No. 14 on PALACE AVENUE.