2, MAES PENRHYN, LLANELLI, SA14 8RJ - £155,000

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 MAES PENRHYN is a very small detached house of 81m², built sometime between 1996 and 2002, which could now be worth an estimated £207,060. It was last sold for £155,000 in October 2019, which was around 25% below the average October 2019 detached price in the Carmarthenshire local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was C.

2 MAES PENRHYN Sold Prices

Land registry data shows three sales for 2 MAES PENRHYN 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 2 MAES PENRHYN 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 31 OCT	£155,000	£206,918	25% below HPI
2019 14 JUN	£155,000	£197,467	22% below HPI
2017 15 DEC	£152,000	£192,746	21% below HPI

2 MAES PENRHYN 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 MAES PENRHYN sales between December 2017 and October 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 June 2019 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the October 2019 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 2 MAES PENRHYN be worth now?

2 MAES PENRHYN might now be worth an estimated £207,060.

This is based on house price inflation of 33.6%, between October 2019 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 33.6% inflationary increase is applied to the most recent sale price for 2 MAES PENRHYN of £155,000 on 31st October 2019. For the value to have increased from £155,000 to £207,060 over the six years and eight months to February 2025, the following assumptions must hold true:

• The value of 2 MAES PENRHYN has moved in line with the HPI for detached houses in the Carmarthenshire local authority area.
• The October 2019 sale price of £155,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MAES PENRHYN has not materially changed since October 2019.

How Large is 2 MAES PENRHYN?

2 MAES PENRHYN is 81m² according to the EPC inspection conducted in January 2016. This puts it in the smallest 20% of detached houses houses in Llanelli, based on EPC data. The below chart shows the distribution of detached houses houses by size in Llanelli, and where 2 MAES PENRHYN lies on this distribution: 19% of detached houses houses are smaller than 2 MAES PENRHYN, and 80% of houses are larger. Note that EPC data is not available for all properties in Llanelli.

2 MAES PENRHYN: Plot and Title Map

2 MAES PENRHYN sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 2 MAES PENRHYN, 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 MAES PENRHYN). 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 MAES PENRHYN?

2 MAES PENRHYN is located in LLANELLI, in the SA14 postcode district. The below map shows the position of No. 2 on MAES PENRHYN.