22, RIDGEWOOD PARK, LLANELLI, SA15 1HX - £190,000

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.

22 RIDGEWOOD PARK is a midsized extended detached house of 115m², built sometime between 1967 and 1975, which could now be worth an estimated £298,156. It was last sold for £190,000 in June 2016, which was around 8% above the average June 2016 detached price in the Carmarthenshire local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

22 RIDGEWOOD PARK Sold Prices

Land registry data shows two sales for 22 RIDGEWOOD PARK 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. One of the two 22 RIDGEWOOD PARK sales was for above the average price, whilst the other was 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 15 JUN	£190,000	£176,146	8% above HPI
2009 2 OCT	£150,000	£170,509	12% below HPI

22 RIDGEWOOD PARK 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 22 RIDGEWOOD PARK sales from October 2009 and June 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 October 2009 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the June 2016 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 22 RIDGEWOOD PARK be worth now?

22 RIDGEWOOD PARK might now be worth an estimated £298,156.

This is based on house price inflation of 56.9%, between June 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 56.9% inflationary increase is applied to the most recent sale price for 22 RIDGEWOOD PARK of £190,000 on 15th June 2016. For the value to have increased from £190,000 to £298,156 over the nine years and four months to February 2025, the following assumptions must hold true:

• The value of 22 RIDGEWOOD PARK has moved in line with the HPI for detached houses in the Carmarthenshire local authority area.
• The June 2016 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 22 RIDGEWOOD PARK has not materially changed since June 2016.

How Large is 22 RIDGEWOOD PARK?

22 RIDGEWOOD PARK is 115m², which includes two extensions, according to the EPC inspection conducted in March 2016. This puts it in the largest 50% 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 22 RIDGEWOOD PARK lies on this distribution: 57% of detached houses houses are smaller than 22 RIDGEWOOD PARK, and 41% of houses are larger. Note that EPC data is not available for all properties in Llanelli.

22 RIDGEWOOD PARK: Plot and Title Map

22 RIDGEWOOD PARK sits on a plot of roughly 0.081 of an acre, or 329m². The below map shows the location of 22 RIDGEWOOD PARK, 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 22 RIDGEWOOD PARK). 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 22 RIDGEWOOD PARK?

22 RIDGEWOOD PARK is located in LLANELLI, in the SA15 postcode district. The below map shows the position of No. 22 on RIDGEWOOD PARK.