2, MORLEY STREET, CARMARTHEN, SA31 1RB - £135,000

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 MORLEY STREET is a midsized extended detached house of 117m², built sometime between 1900 and 1929, which could now be worth an estimated £202,955. It was last sold for £135,000 in November 2016, which was around 27% below the average November 2016 detached price in the Carmarthenshire local authority area. The most recent EPC inspection was March 2011, where the current energy rating was C, and the potential energy rating was C.

2 MORLEY STREET Sold Prices

Land registry data shows three sales for 2 MORLEY STREET 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 MORLEY STREET 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
2016 24 NOV	£135,000	£183,864	27% below HPI
2011 5 AUG	£148,000	£166,899	11% below HPI
2000 5 MAY	£32,500	£63,818	49% below HPI

2 MORLEY STREET 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 MORLEY STREET sales between May 2000 and November 2016 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 August 2011 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the November 2016 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 2 MORLEY STREET be worth now?

2 MORLEY STREET might now be worth an estimated £202,955.

This is based on house price inflation of 50.3%, between November 2016 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 50.3% inflationary increase is applied to the most recent sale price for 2 MORLEY STREET of £135,000 on 24th November 2016. For the value to have increased from £135,000 to £202,955 over the nine years and nine months to February 2025, the following assumptions must hold true:

• The value of 2 MORLEY STREET has moved in line with the HPI for detached houses in the Carmarthenshire local authority area.
• The November 2016 sale price of £135,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MORLEY STREET has not materially changed since November 2016.

How Large is 2 MORLEY STREET?

2 MORLEY STREET is 117m², which includes one extension, according to the EPC inspection conducted in March 2011. This puts it in the largest 50% of detached houses houses in Carmarthen, based on EPC data. The below chart shows the distribution of detached houses houses by size in Carmarthen, and where 2 MORLEY STREET lies on this distribution: 55% of detached houses houses are smaller than 2 MORLEY STREET, and 45% of houses are larger. Note that EPC data is not available for all properties in Carmarthen.

2 MORLEY STREET: Plot and Title Map

2 MORLEY STREET sits on a plot of roughly 0.045 of an acre, or 182m². The below map shows the location of 2 MORLEY STREET, 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 MORLEY STREET). 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 MORLEY STREET?

2 MORLEY STREET is located in CARMARTHEN, in the SA31 postcode district. The below map shows the position of No. 2 on MORLEY STREET.