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
16 HEOL MORLAIS is a midsized detached house of 124m², built sometime between 1967 and 1975. It was last sold for £240,000 in August 2024, which was around 8% below the average August 2024 detached price in the Carmarthenshire local authority area. The most recent EPC inspection was December 2022, where the current energy rating was E, and the potential energy rating was D.
Land registry data shows four sales for 16 HEOL MORLAIS since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Carmarthenshire local authority area for the corresponding sale date. Most of the four 16 HEOL MORLAIS 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 |
---|---|---|---|
2024 22 AUG | £240,000 | £260,122 | 8% below HPI |
2015 3 DEC | £219,500 | £173,417 | 27% above HPI |
2010 14 MAY | £244,000 | £174,063 | 40% above HPI |
2007 28 SEP | £210,000 | £187,420 | 12% above HPI |
The below graph shows the average detached house price in the Carmarthenshire local authority area over time, sourced from the HPI. The four 16 HEOL MORLAIS sales between September 2007 and August 2024 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 December 2015 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the August 2024 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.
16 HEOL MORLAIS is 124m² according to the EPC inspection conducted in December 2022. This puts it in the smallest 50% of detached houses in Llannon, based on EPC data. The below chart shows the distribution of detached houses by size in Llannon, and where 16 HEOL MORLAIS lies on this distribution: 41% of detached houses are smaller than 16 HEOL MORLAIS, and 59% of houses are larger. Note that EPC data is not available for all properties in Llannon.
16 HEOL MORLAIS sits on a plot of roughly 0.403 of an acre, or 1,629m². The below map shows the location of 16 HEOL MORLAIS, 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 16 HEOL MORLAIS). 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.
16 HEOL MORLAIS is located in LLANNON, in the SA14 postcode district. The below map shows the position of No. 16 on HEOL MORLAIS.