7, PARC MORLAIS, LLANGENNECH, LLANELLI, SA14 8XZ - £115,000

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

7 PARC MORLAIS is a very small semi-detached house of 54m², built sometime between 1996 and 2002. It was last sold for £115,000 in April 2018, which was around 38% below the average April 2018 detached price in the Carmarthenshire local authority area. The most recent EPC inspection was December 2018, where the current energy rating was D, and the potential energy rating was B.

7 PARC MORLAIS Sold Prices

Land registry data shows three sales for 7 PARC MORLAIS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Carmarthenshire local authority area for the corresponding sale date. All of the three 7 PARC MORLAIS 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
2018 16 APR	£115,000	£185,248	38% below HPI
1996 8 NOV	£39,950	£53,629	26% below HPI
1996 23 AUG	£39,000	£56,048	30% below HPI

7 PARC MORLAIS 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 three 7 PARC MORLAIS sales between August 1996 and April 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 November 1996 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the April 2018 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 7 PARC MORLAIS?

7 PARC MORLAIS is 54m² according to the EPC inspection conducted in December 2018. This puts it in the smallest 10% of detached houses in Llangennech, based on EPC data. The below chart shows the distribution of detached houses by size in Llangennech, and where 7 PARC MORLAIS lies on this distribution: Less than 1% of detached houses are smaller than 7 PARC MORLAIS, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Llangennech.

7 PARC MORLAIS: Plot and Title Map

7 PARC MORLAIS sits on a plot of roughly 0.037 of an acre, or 151m². The below map shows the location of 7 PARC MORLAIS, 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 7 PARC MORLAIS). 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 7 PARC MORLAIS?

7 PARC MORLAIS is located in LLANGENNECH, in the SA14 postcode district. The below map shows the position of No. 7 on PARC MORLAIS.