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
55 NEW ROAD is a very large extended detached house of 335m², built sometime before 1900. It was last sold for £399,999 in May 2023, which was around 45% above the average May 2023 detached price in the Carmarthenshire local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 55 NEW ROAD since 1st 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 55 NEW ROAD 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 |
---|---|---|---|
2023 3 MAY | £399,999 | £275,326 | 45% above HPI |
2017 19 APR | £305,000 | £180,279 | 69% above HPI |
The below graph shows the average detached house price in the Carmarthenshire local authority area over time, sourced from the HPI. The two 55 NEW ROAD sales from April 2017 and May 2023 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 2017 sale was for 69% above the HPI. So the extrapolation line tracks at 69% above the HPI over time, until the May 2023 sale, where it falls to 45% above the HPI. The line then continues to track at 45% above the HPI.
55 NEW ROAD is 335m², which includes two extensions, according to the EPC inspection conducted in September 2015. This puts it in the largest 10% of detached houses in Llanelli, based on EPC data. The below chart shows the distribution of detached houses by size in Llanelli, and where 55 NEW ROAD lies on this distribution: 99% of detached houses are smaller than 55 NEW ROAD, and 1% of houses are larger. Note that EPC data is not available for all properties in Llanelli.
55 NEW ROAD sits on a plot of roughly 0.144 of an acre, or 584m². The below map shows the location of 55 NEW ROAD, 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 55 NEW ROAD). 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.
55 NEW ROAD is located in LLANELLI, in the SA15 postcode district. The below map shows the position of No. 55 on NEW ROAD.