2, PLAS IOAN, JOHNSTOWN, CARMARTHEN, SA31 3NS - £155,250

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 PLAS IOAN is a very small detached house of 56m², built sometime between 1991 and 1995, which could now be worth an estimated £157,905. It was last sold for £155,250 in August 2023, which was around 43% below the average August 2023 detached price in the Carmarthenshire local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was B.

2 PLAS IOAN Sold Prices

Land registry data shows four sales for 2 PLAS IOAN since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Carmarthenshire local authority area for the corresponding sale date. All of the four 2 PLAS IOAN 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
2023 31 AUG	£155,250	£271,769	43% below HPI
2019 18 APR	£110,000	£199,422	45% below HPI
2006 15 DEC	£130,000	£185,528	30% below HPI
2001 5 OCT	£53,000	£76,763	31% below HPI

2 PLAS IOAN 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 four 2 PLAS IOAN sales between October 2001 and August 2023 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 2019 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the August 2023 sale, where it rises to 43% below the HPI. The line then continues to track at 43% below the HPI.

What might 2 PLAS IOAN be worth now?

2 PLAS IOAN might now be worth an estimated £157,905.

This is based on house price inflation of 1.7%, between August 2023 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 1.7% inflationary increase is applied to the most recent sale price for 2 PLAS IOAN of £155,250 on 31st August 2023. For the value to have increased from £155,250 to £157,905 over the two years and six months to February 2025, the following assumptions must hold true:

• The value of 2 PLAS IOAN has moved in line with the HPI for detached houses in the Carmarthenshire local authority area.
• The August 2023 sale price of £155,250 represented a fair market value for the property.
• The size, condition, and specification of 2 PLAS IOAN has not materially changed since August 2023.

How Large is 2 PLAS IOAN?

2 PLAS IOAN is 56m² according to the EPC inspection conducted in September 2013. This puts it in the smallest 10% 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 PLAS IOAN lies on this distribution: 1% of detached houses houses are smaller than 2 PLAS IOAN, and 99% of houses are larger. Note that EPC data is not available for all properties in Carmarthen.

2 PLAS IOAN: Plot and Title Map

2 PLAS IOAN sits on a plot of roughly 0.052 of an acre, or 212m². The below map shows the location of 2 PLAS IOAN, 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 PLAS IOAN). 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 PLAS IOAN?

2 PLAS IOAN is located in JOHNSTOWN, in the SA31 postcode district. The below map shows the position of No. 2 on PLAS IOAN.