62, HEOL Y BANC, BANCFFOSFELEN, LLANELLI, SA15 5DL - £159,950

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

62 HEOL Y BANC is a small extended detached house of 96m², built sometime before 1900. It was last sold for £159,950 in August 2020, which was around 22% below the average August 2020 detached price in the Carmarthenshire local authority area. The most recent EPC inspection was June 2020, where the current energy rating was E, and the potential energy rating was C.

62 HEOL Y BANC Sold Prices

Land registry data shows two sales for 62 HEOL Y BANC 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 62 HEOL Y BANC 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
2020 12 AUG	£159,950	£205,478	22% below HPI
2011 26 MAY	£70,000	£161,469	57% below HPI

62 HEOL Y BANC 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 62 HEOL Y BANC sales from May 2011 and August 2020 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 May 2011 sale was for 57% below the HPI. So the extrapolation line tracks at 57% below the HPI over time, until the August 2020 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 62 HEOL Y BANC?

62 HEOL Y BANC is 96m², which includes two extensions, according to the EPC inspection conducted in June 2020. This puts it in the smallest 30% of detached houses in Bancffosfelen, based on EPC data. The below chart shows the distribution of detached houses by size in Bancffosfelen, and where 62 HEOL Y BANC lies on this distribution: 27% of detached houses are smaller than 62 HEOL Y BANC, and 73% of houses are larger. Note that EPC data is not available for all properties in Bancffosfelen.

62 HEOL Y BANC: Plot and Title Map

62 HEOL Y BANC sits on a plot of roughly 0.201 of an acre, or 815m². The below map shows the location of 62 HEOL Y BANC, 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 62 HEOL Y BANC). 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 62 HEOL Y BANC?

62 HEOL Y BANC is located in BANCFFOSFELEN, in the SA15 postcode district. The below map shows the position of No. 62 on HEOL Y BANC.