2, LAKEVIEW CLOSE, LLANELLI, SA15 3DG - £138,000

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

2 LAKEVIEW CLOSE is a very small extended detached house of 81m², built sometime between 1983 and 1990. It was last sold for £138,000 in October 2020, which was around 37% below the average October 2020 detached price in the Carmarthenshire local authority area. The most recent EPC inspection was September 2015, where the current energy rating was C, and the potential energy rating was B.

2 LAKEVIEW CLOSE Sold Prices

Land registry data shows two sales for 2 LAKEVIEW CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Carmarthenshire local authority area for the corresponding sale date. Both of the two 2 LAKEVIEW CLOSE 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
2020 16 OCT	£138,000	£217,799	37% below HPI
2018 3 JAN	£157,000	£190,108	17% below HPI

2 LAKEVIEW CLOSE 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 two 2 LAKEVIEW CLOSE sales from January 2018 and October 2020 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 January 2018 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the October 2020 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 2 LAKEVIEW CLOSE?

2 LAKEVIEW CLOSE is 81m², which includes one extension, according to the EPC inspection conducted in September 2015. This puts it in the smallest 20% of detached houses in Llanelli, based on EPC data. The below chart shows the distribution of detached houses by size in Llanelli, and where 2 LAKEVIEW CLOSE lies on this distribution: 19% of detached houses are smaller than 2 LAKEVIEW CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Llanelli.

2 LAKEVIEW CLOSE: Plot and Title Map

2 LAKEVIEW CLOSE sits on a plot of roughly 0.104 of an acre, or 423m². The below map shows the location of 2 LAKEVIEW 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 LAKEVIEW 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 LAKEVIEW CLOSE?

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