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
25 HEOL DERWEN is a very small extended detached house of 119m², built sometime between 2003 and 2006. It was last sold for £360,000 in May 2024, which was around 32% above the average May 2024 detached price in the Carmarthenshire local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 25 HEOL DERWEN since 1st 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 25 HEOL DERWEN sales were for above 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 |
---|---|---|---|
2024 10 MAY | £360,000 | £272,942 | 32% above HPI |
2021 10 MAY | £240,000 | £227,245 | 6% above HPI |
2012 4 OCT | £175,000 | £158,946 | 10% above HPI |
2007 16 FEB | £189,950 | £181,815 | 4% above HPI |
The below graph shows the average detached house price in the Carmarthenshire local authority area over time, sourced from the HPI. The four 25 HEOL DERWEN sales between February 2007 and May 2024 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 May 2021 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the May 2024 sale, where it rises to 32% above the HPI. The line then continues to track at 32% above the HPI.
25 HEOL DERWEN is 119m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the smallest 20% of detached houses in Morfa, based on EPC data. The below chart shows the distribution of detached houses by size in Morfa, and where 25 HEOL DERWEN lies on this distribution: 18% of detached houses are smaller than 25 HEOL DERWEN, and 82% of houses are larger. Note that EPC data is not available for all properties in Morfa.
25 HEOL DERWEN sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of 25 HEOL DERWEN, 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 25 HEOL DERWEN). 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.
25 HEOL DERWEN is located in CROSS HANDS, in the SA14 postcode district. The below map shows the position of No. 25 on HEOL DERWEN.