38, OCEAN WAY, PENNAR, PEMBROKE DOCK, SA72 6RA - £370,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

38 OCEAN WAY is a very large detached house of 224m², built sometime from 2007 onwards. It was last sold for £370,000 in August 2018, which was around 60% above the average August 2018 detached price in the Pembrokeshire local authority area. The most recent EPC inspection was November 2013, where the current energy rating was C, and the potential energy rating was B.

38 OCEAN WAY Sold Prices

Land registry data shows two sales for 38 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 38 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
2018 17 AUG	£370,000	£231,205	60% above HPI
2003 31 DEC	£52,000	£153,294	66% below HPI

38 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 38 OCEAN WAY sales from December 2003 and August 2018 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 December 2003 sale was for 66% below the HPI. So the extrapolation line tracks at 66% below the HPI over time, until the August 2018 sale, where it rises to 60% above the HPI. The line then continues to track at 60% above the HPI.

How Large is 38 OCEAN WAY?

38 OCEAN WAY is 224m² according to the EPC inspection conducted in November 2013. This puts it in the largest 10% of detached houses in Pembroke Dock, based on EPC data. The below chart shows the distribution of detached houses by size in Pembroke Dock, and where 38 OCEAN WAY lies on this distribution: 93% of detached houses are smaller than 38 OCEAN WAY, and 7% of houses are larger. Note that EPC data is not available for all properties in Pembroke Dock.

38 OCEAN WAY: Plot and Title Map

38 OCEAN WAY sits on a plot of roughly 0.104 of an acre, or 419m². The below map shows the location of 38 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 38 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 38 OCEAN WAY?

38 OCEAN WAY is located in PENNAR, in the SA72 postcode district. The below map shows the position of No. 38 on OCEAN WAY.