MINERVA, RHOS, LLANDYSUL, SA44 5HE - £158,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

MINERVA is a midsized detached house of 115m², built sometime between 1996 and 2002, which could now be worth an estimated £252,810. It was last sold for £158,000 in October 2015, which was around 9% below the average October 2015 detached price in the Carmarthenshire local authority area. The most recent EPC inspection was November 2023, where the current energy rating was D, and the potential energy rating was C.

MINERVA Sold Prices

Land registry data shows two sales for MINERVA 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 MINERVA 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
2015 2 OCT	£158,000	£172,753	9% below HPI
2011 10 JUN	£149,000	£165,362	10% below HPI

MINERVA 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 MINERVA sales from June 2011 and October 2015 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 2011 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the October 2015 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might MINERVA be worth now?

MINERVA might now be worth an estimated £252,810.

This is based on house price inflation of 60%, between October 2015 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 60% inflationary increase is applied to the most recent sale price for MINERVA of £158,000 on 2nd October 2015. For the value to have increased from £158,000 to £252,810 over the ten years and eight months to February 2025, the following assumptions must hold true:

• The value of MINERVA has moved in line with the HPI for detached houses in the Carmarthenshire local authority area.
• The October 2015 sale price of £158,000 represented a fair market value for the property.
• The size, condition, and specification of MINERVA has not materially changed since October 2015.

How Large is MINERVA?

MINERVA is 115m² according to the EPC inspection conducted in November 2023. This puts it in the smallest 50% of detached houses houses in Rhos, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rhos, and where MINERVA lies on this distribution: 46% of detached houses houses are smaller than MINERVA, and 54% of houses are larger. Note that EPC data is not available for all properties in Rhos.

MINERVA: Plot and Title Map

MINERVA sits on a plot of roughly 0.325 of an acre, or 1,314m². The below map shows the location of MINERVA, 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 MINERVA). 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 MINERVA?

MINERVA is located in RHOS, in the SA44 postcode district. The below map shows the position of MINERVA in RHOS.