3, CLOS Y CHWAREL, LLANELLI, SA14 9PQ - £245,000

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.

3 CLOS Y CHWAREL is a very small detached house of 90m², built in 2021, which could now be worth an estimated £256,030. It was last sold for £245,000 in July 2022, which was around 7% below the average July 2022 detached price in the Carmarthenshire local authority area. The most recent EPC inspection was April 2021, where the current energy rating was B, and the potential energy rating was A.

3 CLOS Y CHWAREL Sold Prices

Land registry data shows two sales for 3 CLOS Y CHWAREL 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 3 CLOS Y CHWAREL 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
2022 13 JUL	£245,000	£264,508	7% below HPI
2021 29 APR	£201,995	£228,605	12% below HPI

3 CLOS Y CHWAREL 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 3 CLOS Y CHWAREL sales from April 2021 and July 2022 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 2021 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the July 2022 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 3 CLOS Y CHWAREL be worth now?

3 CLOS Y CHWAREL might now be worth an estimated £256,030.

This is based on house price inflation of 4.5%, between July 2022 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 4.5% inflationary increase is applied to the most recent sale price for 3 CLOS Y CHWAREL of £245,000 on 13th July 2022. For the value to have increased from £245,000 to £256,030 over the three years and five months to February 2025, the following assumptions must hold true:

• The value of 3 CLOS Y CHWAREL has moved in line with the HPI for detached houses in the Carmarthenshire local authority area.
• The July 2022 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 3 CLOS Y CHWAREL has not materially changed since July 2022.

How Large is 3 CLOS Y CHWAREL?

3 CLOS Y CHWAREL is 90m² according to the EPC inspection conducted in April 2021. This puts it in the smallest 20% of detached houses houses in Bryn, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bryn, and where 3 CLOS Y CHWAREL lies on this distribution: 12% of detached houses houses are smaller than 3 CLOS Y CHWAREL, and 74% of houses are larger. Note that EPC data is not available for all properties in Bryn.

3 CLOS Y CHWAREL: Plot and Title Map

3 CLOS Y CHWAREL sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of 3 CLOS Y CHWAREL, 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 3 CLOS Y CHWAREL). 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 3 CLOS Y CHWAREL?

3 CLOS Y CHWAREL is located in LLANELLI, in the SA14 postcode district. The below map shows the position of No. 3 on CLOS Y CHWAREL.