CEFN CERRIG, GARDEN LANE, LLANDOVERY, SA20 0BN - £120,000

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

CEFN CERRIG is a small extended detached house of 89m², built sometime before 1900. It was last sold for £120,000 in June 2008, which was around 35% below the average June 2008 detached price in the Carmarthenshire local authority area. The most recent EPC inspection was August 2017, where the current energy rating was E, and the potential energy rating was B.

CEFN CERRIG Sold Prices

Land registry data shows two sales for CEFN CERRIG 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 CEFN CERRIG 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
2008 9 JUN	£120,000	£183,418	35% below HPI
2004 16 JAN	£97,000	£123,453	21% below HPI

CEFN CERRIG 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 CEFN CERRIG sales from January 2004 and June 2008 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 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the June 2008 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is CEFN CERRIG?

CEFN CERRIG is 89m², which includes one extension, according to the EPC inspection conducted in August 2017. This puts it in the smallest 30% of detached houses in Llandovery, based on EPC data. The below chart shows the distribution of detached houses by size in Llandovery, and where CEFN CERRIG lies on this distribution: 25% of detached houses are smaller than CEFN CERRIG, and 75% of houses are larger. Note that EPC data is not available for all properties in Llandovery.

CEFN CERRIG: Plot and Title Map

CEFN CERRIG sits on a plot of roughly 0.042 of an acre, or 169m². The below map shows the location of CEFN CERRIG, 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 CEFN CERRIG). 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 CEFN CERRIG?

CEFN CERRIG is located on GARDEN LANE in LLANDOVERY, in the SA20 postcode district. The below map shows the position of CEFN CERRIG on GARDEN LANE.