16, HEOL MORLAIS, LLANNON, LLANELLI, SA14 6BD - £240,000

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.

16 HEOL MORLAIS is a midsized detached house of 124m², built sometime between 1967 and 1975, which could now be worth an estimated £245,565. It was last sold for £240,000 in August 2024, which was around 11% 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.

16 HEOL MORLAIS Sold Prices

Land registry data shows four sales for 16 HEOL MORLAIS since 1^st 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	£270,152	11% below HPI
2015 3 DEC	£219,500	£174,185	26% above HPI
2010 14 MAY	£244,000	£174,834	40% above HPI
2007 28 SEP	£210,000	£188,250	12% above HPI

16 HEOL MORLAIS 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 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 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the August 2024 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 16 HEOL MORLAIS be worth now?

16 HEOL MORLAIS might now be worth an estimated £245,565.

This is based on house price inflation of 2.3%, between August 2024 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 2.3% inflationary increase is applied to the most recent sale price for 16 HEOL MORLAIS of £240,000 on 22nd August 2024. For the value to have increased from £240,000 to £245,565 over the one year and six months to February 2025, the following assumptions must hold true:

• The value of 16 HEOL MORLAIS has moved in line with the HPI for detached houses in the Carmarthenshire local authority area.
• The August 2024 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 16 HEOL MORLAIS has not materially changed since August 2024.

How Large is 16 HEOL MORLAIS?

16 HEOL MORLAIS is 124m² according to the EPC inspection conducted in December 2022. This puts it in the smallest 50% of detached houses houses in Llannon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Llannon, and where 16 HEOL MORLAIS lies on this distribution: 41% of detached houses 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: Plot and Title Map

16 HEOL MORLAIS sits on a plot of roughly 0.233 of an acre, or 941m². 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.

Where is 16 HEOL MORLAIS?

16 HEOL MORLAIS is located in LLANNON, in the SA14 postcode district. The below map shows the position of No. 16 on HEOL MORLAIS.