28, OCEAN WAY, PENNAR, PEMBROKE DOCK, SA72 6RA - £465,000

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.

28 OCEAN WAY is a very large extended detached house of 179m², built sometime between 2003 and 2006, which could now be worth an estimated £497,488. It was last sold for £465,000 in November 2021, which was around 57% above the average November 2021 detached price in the Pembrokeshire local authority area. The most recent EPC inspection was May 2021, where the current energy rating was C, and the potential energy rating was C.

28 OCEAN WAY Sold Prices

Land registry data shows two sales for 28 OCEAN WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Pembrokeshire local authority area for the corresponding sale date. One of the two 28 OCEAN WAY 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
2021 26 NOV	£465,000	£296,061	57% above HPI
2003 10 SEP	£55,000	£145,078	62% below HPI

28 OCEAN WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Pembrokeshire local authority area over time, sourced from the HPI. The two 28 OCEAN WAY sales from September 2003 and November 2021 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 September 2003 sale was for 62% below the HPI. So the extrapolation line tracks at 62% below the HPI over time, until the November 2021 sale, where it rises to 57% above the HPI. The line then continues to track at 57% above the HPI.

What might 28 OCEAN WAY be worth now?

28 OCEAN WAY might now be worth an estimated £497,488.

This is based on house price inflation of 7%, between November 2021 and February 2025, for detached houses, in the Pembrokeshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 7% inflationary increase is applied to the most recent sale price for 28 OCEAN WAY of £465,000 on 26th November 2021. For the value to have increased from £465,000 to £497,488 over the four years and nine months to February 2025, the following assumptions must hold true:

• The value of 28 OCEAN WAY has moved in line with the HPI for detached houses in the Pembrokeshire local authority area.
• The November 2021 sale price of £465,000 represented a fair market value for the property.
• The size, condition, and specification of 28 OCEAN WAY has not materially changed since November 2021.

How Large is 28 OCEAN WAY?

28 OCEAN WAY is 179m², which includes one extension, according to the EPC inspection conducted in May 2021. This puts it in the largest 20% of detached houses houses in Pembroke Dock, based on EPC data. The below chart shows the distribution of detached houses houses by size in Pembroke Dock, and where 28 OCEAN WAY lies on this distribution: 87% of detached houses houses are smaller than 28 OCEAN WAY, and 12% of houses are larger. Note that EPC data is not available for all properties in Pembroke Dock.

28 OCEAN WAY: Plot and Title Map

28 OCEAN WAY sits on a plot of roughly 0.252 of an acre, or 1,018m². The below map shows the location of 28 OCEAN WAY, 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 28 OCEAN WAY). 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 28 OCEAN WAY?

28 OCEAN WAY is located in PENNAR, in the SA72 postcode district. The below map shows the position of No. 28 on OCEAN WAY.