2, CORMORANT CLOSE, LLANELLI, SA15 4SS - £168,000

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.

2 CORMORANT CLOSE is a very small semi-detached house of 80m², built sometime between 1991 and 1995, which could now be worth an estimated £242,523. It was last sold for £168,000 in August 2007, which was around 37% above the average August 2007 semi-detached price in the Carmarthenshire local authority area. The most recent EPC inspection was August 2013, where the current energy rating was C, and the potential energy rating was B.

2 CORMORANT CLOSE Sold Prices

Land registry data shows two sales for 2 CORMORANT CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Carmarthenshire local authority area for the corresponding sale date. Both of the two 2 CORMORANT CLOSE 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
2007 24 AUG	£168,000	£123,029	37% above HPI
1995 7 APR	£62,995	£32,329	95% above HPI

2 CORMORANT CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Carmarthenshire local authority area over time, sourced from the HPI. The two 2 CORMORANT CLOSE sales from April 1995 and August 2007 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 April 1995 sale was for 95% above the HPI. So the extrapolation line tracks at 95% above the HPI over time, until the August 2007 sale, where it falls to 37% above the HPI. The line then continues to track at 37% above the HPI.

What might 2 CORMORANT CLOSE be worth now?

2 CORMORANT CLOSE might now be worth an estimated £242,523.

This is based on house price inflation of 44.4%, between August 2007 and February 2025, for semi-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 44.4% inflationary increase is applied to the most recent sale price for 2 CORMORANT CLOSE of £168,000 on 24th August 2007. For the value to have increased from £168,000 to £242,523 over the eighteen years and six months to February 2025, the following assumptions must hold true:

• The value of 2 CORMORANT CLOSE has moved in line with the HPI for semi-detached houses in the Carmarthenshire local authority area.
• The August 2007 sale price of £168,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CORMORANT CLOSE has not materially changed since August 2007.

How Large is 2 CORMORANT CLOSE?

2 CORMORANT CLOSE is 80m² according to the EPC inspection conducted in August 2013. This puts it in the smallest 20% of semi-detached houses houses in Llanelli, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Llanelli, and where 2 CORMORANT CLOSE lies on this distribution: 18% of semi-detached houses houses are smaller than 2 CORMORANT CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Llanelli.

2 CORMORANT CLOSE: Plot and Title Map

2 CORMORANT CLOSE sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 2 CORMORANT CLOSE, 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 2 CORMORANT CLOSE). 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 2 CORMORANT CLOSE?

2 CORMORANT CLOSE is located in LLANELLI, in the SA15 postcode district. The below map shows the position of No. 2 on CORMORANT CLOSE.