MAES Y CERRIG, CAPEL IWAN, NEWCASTLE EMLYN, SA38 9LT - £250,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

MAES Y CERRIG is a small detached house of 117m², built sometime between 1991 and 1995, which could now be worth an estimated £429,508. It was last sold for £250,000 in September 2004, which was around 55% above the average September 2004 detached price in the Carmarthenshire local authority area. The most recent EPC inspection was December 2019, where the current energy rating was D, and the potential energy rating was C.

MAES Y CERRIG Sold Prices

Land registry data shows four sales for MAES Y CERRIG since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Carmarthenshire local authority area for the corresponding sale date. All of the four MAES Y CERRIG 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
2004 30 SEP	£250,000	£160,891	55% above HPI
2003 6 JUN	£172,000	£106,600	61% above HPI
2002 8 AUG	£140,000	£86,366	62% above HPI
1998 15 MAY	£120,000	£61,819	94% above HPI

MAES Y 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 four MAES Y CERRIG sales between May 1998 and September 2004 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 June 2003 sale was for 61% above the HPI. So the extrapolation line tracks at 61% above the HPI over time, until the September 2004 sale, where it falls to 55% above the HPI. The line then continues to track at 55% above the HPI.

What might MAES Y CERRIG be worth now?

MAES Y CERRIG might now be worth an estimated £429,508.

This is based on house price inflation of 71.8%, between September 2004 and February 2025, for detached houses, in the Carmarthenshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 71.8% inflationary increase is applied to the most recent sale price for MAES Y CERRIG of £250,000 on 30th September 2004. For the value to have increased from £250,000 to £429,508 over the 21 years and seven months to February 2025, the following assumptions must hold true:

• The value of MAES Y CERRIG has moved in line with the HPI for detached houses in the Carmarthenshire local authority area.
• The September 2004 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of MAES Y CERRIG has not materially changed since September 2004.

How Large is MAES Y CERRIG?

MAES Y CERRIG is 117m² according to the EPC inspection conducted in December 2019. This puts it in the smallest 40% of detached houses houses in Capel Iwan, based on EPC data. The below chart shows the distribution of detached houses houses by size in Capel Iwan, and where MAES Y CERRIG lies on this distribution: 35% of detached houses houses are smaller than MAES Y CERRIG, and 65% of houses are larger. Note that EPC data is not available for all properties in Capel Iwan.

MAES Y CERRIG: Plot and Title Map

MAES Y CERRIG sits on a plot of roughly 1.3 acres, or 5,313m². The below map shows the location of MAES Y 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 MAES Y 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 MAES Y CERRIG?

MAES Y CERRIG is located in CAPEL IWAN, in the SA38 postcode district. The below map shows the position of MAES Y CERRIG in CAPEL IWAN.