24, PENNANT ROAD, LLANELLI, SA14 8ES - £240,000

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

24 PENNANT ROAD is a midsized extended detached house of 114m², built sometime between 1967 and 1975. It was last sold for £240,000 in August 2023, which was around 11% below the average August 2023 detached price in the Carmarthenshire local authority area. The most recent EPC inspection was February 2016, where the current energy rating was E, and the potential energy rating was B.

24 PENNANT ROAD Sold Prices

Land registry data shows two sales for 24 PENNANT ROAD 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. Both of the two 24 PENNANT ROAD 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 9 AUG	£240,000	£270,571	11% below HPI
1999 1 OCT	£47,000	£63,672	26% below HPI

24 PENNANT ROAD 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 24 PENNANT ROAD sales from October 1999 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 October 1999 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the August 2023 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 24 PENNANT ROAD?

24 PENNANT ROAD is 114m², which includes one extension, according to the EPC inspection conducted in February 2016. This puts it in the largest 50% of detached houses in Llanelli, based on EPC data. The below chart shows the distribution of detached houses by size in Llanelli, and where 24 PENNANT ROAD lies on this distribution: 55% of detached houses are smaller than 24 PENNANT ROAD, and 43% of houses are larger. Note that EPC data is not available for all properties in Llanelli.

24 PENNANT ROAD: Plot and Title Map

24 PENNANT ROAD sits on a plot of roughly 0.093 of an acre, or 377m². The below map shows the location of 24 PENNANT ROAD, 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 24 PENNANT ROAD). 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 24 PENNANT ROAD?

24 PENNANT ROAD is located in LLANELLI, in the SA14 postcode district. The below map shows the position of No. 24 on PENNANT ROAD.