2, FAIROAK, AMMANFORD, SA18 2JT - £159,000

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 FAIROAK is a small detached house of 91m², built sometime between 1983 and 1990, which could now be worth an estimated £275,553. It was last sold for £159,000 in March 2011, which was about the average March 2011 detached price in the Carmarthenshire local authority area. The most recent EPC inspection was July 2009, where the current energy rating was D, and the potential energy rating was D.

2 FAIROAK Sold Prices

Land registry data shows three sales for 2 FAIROAK 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. The three 2 FAIROAK sales were a mix of roughly equal to the average price, and 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
2011 18 MAR	£159,000	£159,498	Close to HPI
2006 20 OCT	£165,000	£182,075	9% below HPI
2001 16 MAR	£69,000	£68,866	Close to HPI

2 FAIROAK 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 2 FAIROAK sales between March 2001 and March 2011 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 October 2006 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the March 2011 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 2 FAIROAK be worth now?

2 FAIROAK might now be worth an estimated £275,553.

This is based on house price inflation of 73.3%, between March 2011 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 73.3% inflationary increase is applied to the most recent sale price for 2 FAIROAK of £159,000 on 18th March 2011. For the value to have increased from £159,000 to £275,553 over the fourteen years and one month to February 2025, the following assumptions must hold true:

• The value of 2 FAIROAK has moved in line with the HPI for detached houses in the Carmarthenshire local authority area.
• The March 2011 sale price of £159,000 represented a fair market value for the property.
• The size, condition, and specification of 2 FAIROAK has not materially changed since March 2011.

How Large is 2 FAIROAK?

2 FAIROAK is 91m² according to the EPC inspection conducted in July 2009. This puts it in the smallest 30% of detached houses houses in Ammanford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ammanford, and where 2 FAIROAK lies on this distribution: 21% of detached houses houses are smaller than 2 FAIROAK, and 79% of houses are larger. Note that EPC data is not available for all properties in Ammanford.

2 FAIROAK: Plot and Title Map

2 FAIROAK sits on a plot of roughly 0.143 of an acre, or 577m². The below map shows the location of 2 FAIROAK, 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 FAIROAK). 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 FAIROAK?

2 FAIROAK is located in AMMANFORD, in the SA18 postcode district. The below map shows the position of No. 2 on FAIROAK.