OLD SCHOOL HOUSE, GRAIG, BURRY PORT, SA16 0DB - £153,500

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

OLD SCHOOL HOUSE is a very small extended detached house of 68m², built sometime from 2007 onwards, which could now be worth an estimated £251,191. It was last sold for £153,500 in March 2016, which was around 9% below the average March 2016 detached price in the Carmarthenshire local authority area. The most recent EPC inspection was February 2012, where the current energy rating was C, and the potential energy rating was C.

OLD SCHOOL HOUSE Sold Prices

Land registry data shows two sales for OLD SCHOOL HOUSE 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 OLD SCHOOL HOUSE 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
2016 30 MAR	£153,500	£168,915	9% below HPI
2012 14 SEP	£135,000	£165,553	18% below HPI

OLD SCHOOL HOUSE 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 OLD SCHOOL HOUSE sales from September 2012 and March 2016 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 September 2012 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the March 2016 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might OLD SCHOOL HOUSE be worth now?

OLD SCHOOL HOUSE might now be worth an estimated £251,191.

This is based on house price inflation of 63.6%, between March 2016 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 63.6% inflationary increase is applied to the most recent sale price for OLD SCHOOL HOUSE of £153,500 on 30th March 2016. For the value to have increased from £153,500 to £251,191 over the nine years and one month to February 2025, the following assumptions must hold true:

• The value of OLD SCHOOL HOUSE has moved in line with the HPI for detached houses in the Carmarthenshire local authority area.
• The March 2016 sale price of £153,500 represented a fair market value for the property.
• The size, condition, and specification of OLD SCHOOL HOUSE has not materially changed since March 2016.

How Large is OLD SCHOOL HOUSE?

OLD SCHOOL HOUSE is 68m², which includes two extensions, according to the EPC inspection conducted in February 2012. This puts it in the smallest 10% of detached houses houses in Burry Port, based on EPC data. The below chart shows the distribution of detached houses houses by size in Burry Port, and where OLD SCHOOL HOUSE lies on this distribution: 6% of detached houses houses are smaller than OLD SCHOOL HOUSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Burry Port.

OLD SCHOOL HOUSE: Plot and Title Map

OLD SCHOOL HOUSE sits on a plot of roughly 0.057 of an acre, or 229m². The below map shows the location of OLD SCHOOL HOUSE, 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 OLD SCHOOL HOUSE). 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 OLD SCHOOL HOUSE?

OLD SCHOOL HOUSE is located in GRAIG, in the SA16 postcode district. The below map shows the position of OLD SCHOOL HOUSE in GRAIG.