18, ELGIN ROAD, PWLL, LLANELLI, SA15 4AE - £145,000

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

18 ELGIN ROAD is a very small extended detached house of 77m², built sometime between 1930 and 1949. It was last sold for £145,000 in November 2019, which was around 30% below the average November 2019 detached price in the Carmarthenshire local authority area. The most recent EPC inspection was September 2013, where the current energy rating was E, and the potential energy rating was B.

18 ELGIN ROAD Sold Prices

Land registry data shows three sales for 18 ELGIN 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 18 ELGIN 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
2019 29 NOV	£145,000	£207,111	30% below HPI
2015 12 FEB	£149,000	£171,422	13% below HPI
1997 5 SEP	£56,000	£57,768	3% below HPI

18 ELGIN 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 18 ELGIN ROAD sales between September 1997 and November 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 February 2015 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the November 2019 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 18 ELGIN ROAD?

18 ELGIN ROAD is 77m², which includes two extensions, according to the EPC inspection conducted in September 2013. This puts it in the smallest 10% of detached houses in Pwll, based on EPC data. The below chart shows the distribution of detached houses by size in Pwll, and where 18 ELGIN ROAD lies on this distribution: 8% of detached houses are smaller than 18 ELGIN ROAD, and 92% of houses are larger. Note that EPC data is not available for all properties in Pwll.

18 ELGIN ROAD: Plot and Title Map

18 ELGIN ROAD sits on a plot of roughly 0.235 of an acre, or 949m². The below map shows the location of 18 ELGIN 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 18 ELGIN 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 18 ELGIN ROAD?

18 ELGIN ROAD is located in PWLL, in the SA15 postcode district. The below map shows the position of No. 18 on ELGIN ROAD.