40, OCEAN WAY, PENNAR, PEMBROKE DOCK, SA72 6RA - £400,000

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.

40 OCEAN WAY is a very large detached house of 363m², built sometime between 2007 and 2011, which could now be worth an estimated £479,578. It was last sold for £400,000 in March 2021, which was around 51% above the average March 2021 detached price in the Pembrokeshire local authority area. The most recent EPC inspection was March 2021, where the current energy rating was B, and the potential energy rating was B.

40 OCEAN WAY Sold Prices

Land registry data shows two sales for 40 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 40 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 12 MAR	£400,000	£264,187	51% above HPI
2003 24 OCT	£52,000	£148,291	65% below HPI

40 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 40 OCEAN WAY sales from October 2003 and March 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 October 2003 sale was for 65% below the HPI. So the extrapolation line tracks at 65% below the HPI over time, until the March 2021 sale, where it rises to 51% above the HPI. The line then continues to track at 51% above the HPI.

What might 40 OCEAN WAY be worth now?

40 OCEAN WAY might now be worth an estimated £479,578.

This is based on house price inflation of 19.9%, between March 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 19.9% inflationary increase is applied to the most recent sale price for 40 OCEAN WAY of £400,000 on 12th March 2021. For the value to have increased from £400,000 to £479,578 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 40 OCEAN WAY has moved in line with the HPI for detached houses in the Pembrokeshire local authority area.
• The March 2021 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 40 OCEAN WAY has not materially changed since March 2021.

How Large is 40 OCEAN WAY?

40 OCEAN WAY is 363m² according to the EPC inspection conducted in March 2021. This puts it in the largest 10% 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 40 OCEAN WAY lies on this distribution: 99% of detached houses houses are smaller than 40 OCEAN WAY, and 1% of houses are larger. Note that EPC data is not available for all properties in Pembroke Dock.

40 OCEAN WAY: Plot and Title Map

40 OCEAN WAY sits on a plot of roughly 0.116 of an acre, or 470m². The below map shows the location of 40 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 40 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 40 OCEAN WAY?

40 OCEAN WAY is located in PENNAR, in the SA72 postcode district. The below map shows the position of No. 40 on OCEAN WAY.