SPRING GARDEN COTTAGE, WATER STREET, LAUGHARNE, CARMARTHEN, SA33 4SR - £270,000

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

SPRING GARDEN COTTAGE is a very small extended detached house of 61m², built sometime before 1900. It was last sold for £270,000 in February 2023, which was around 3% below the average February 2023 detached price in the Carmarthenshire local authority area. The most recent EPC inspection was March 2016, where the current energy rating was F, and the potential energy rating was B.

SPRING GARDEN COTTAGE Sold Prices

Land registry data shows three sales for SPRING GARDEN COTTAGE 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 SPRING GARDEN COTTAGE 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
2023 3 FEB	£270,000	£277,233	3% below HPI
2016 6 MAY	£125,000	£169,083	26% below HPI
1998 29 MAY	£44,000	£61,546	29% below HPI

SPRING GARDEN COTTAGE 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 SPRING GARDEN COTTAGE sales between May 1998 and February 2023 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 May 2016 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the February 2023 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is SPRING GARDEN COTTAGE?

SPRING GARDEN COTTAGE is 61m², which includes one extension, according to the EPC inspection conducted in March 2016. This puts it in the smallest 10% of detached houses in Laugharne, based on EPC data. The below chart shows the distribution of detached houses by size in Laugharne, and where SPRING GARDEN COTTAGE lies on this distribution: 6% of detached houses are smaller than SPRING GARDEN COTTAGE, and 94% of houses are larger. Note that EPC data is not available for all properties in Laugharne.

SPRING GARDEN COTTAGE: Plot and Title Map

SPRING GARDEN COTTAGE sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of SPRING GARDEN COTTAGE, 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 SPRING GARDEN COTTAGE). 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 SPRING GARDEN COTTAGE?

SPRING GARDEN COTTAGE is located on WATER STREET in LAUGHARNE, in the SA33 postcode district. The below map shows the position of SPRING GARDEN COTTAGE on WATER STREET.