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

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 PLAS IOAN is a very small detached house of 56m², built sometime between 1991 and 1995. 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	£270,571	43% below HPI
2019 18 APR	£110,000	£198,543	45% below HPI
2006 15 DEC	£130,000	£184,711	30% below HPI
2001 5 OCT	£53,000	£76,425	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.

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 in Carmarthen, based on EPC data. The below chart shows the distribution of detached houses by size in Carmarthen, and where 2 PLAS IOAN lies on this distribution: 1% of detached 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.