56, MORFA MAEN, KIDWELLY, SA17 4UF - £200,000

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

56 MORFA MAEN is a very small detached house of 66m², built sometime between 1967 and 1975. It was last sold for £200,000 in September 2023, which was around 26% below the average September 2023 detached price in the Carmarthenshire local authority area. The most recent EPC inspection was January 2023, where the current energy rating was D, and the potential energy rating was A.

56 MORFA MAEN Sold Prices

Land registry data shows two sales for 56 MORFA MAEN 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 56 MORFA MAEN 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
2023 15 SEP	£200,000	£268,920	26% below HPI
2004 9 JAN	£92,000	£123,453	25% below HPI

56 MORFA MAEN 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 56 MORFA MAEN sales from January 2004 and September 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 January 2004 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the September 2023 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 56 MORFA MAEN?

56 MORFA MAEN is 66m² according to the EPC inspection conducted in January 2023. This puts it in the smallest 10% of detached houses in Kidwelly, based on EPC data. The below chart shows the distribution of detached houses by size in Kidwelly, and where 56 MORFA MAEN lies on this distribution: 1% of detached houses are smaller than 56 MORFA MAEN, and 99% of houses are larger. Note that EPC data is not available for all properties in Kidwelly.

56 MORFA MAEN: Plot and Title Map

56 MORFA MAEN sits on a plot of roughly 0.104 of an acre, or 422m². The below map shows the location of 56 MORFA MAEN, 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 56 MORFA MAEN). 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 56 MORFA MAEN?

56 MORFA MAEN is located in KIDWELLY, in the SA17 postcode district. The below map shows the position of No. 56 on MORFA MAEN.