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

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.

SPRING GARDEN COTTAGE is a very small extended detached house of 61m², built sometime before 1900, which could now be worth an estimated £268,018. 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	£278,460	3% below HPI
2016 6 MAY	£125,000	£169,832	26% below HPI
1998 29 MAY	£44,000	£61,819	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.

What might SPRING GARDEN COTTAGE be worth now?

SPRING GARDEN COTTAGE might now be worth an estimated £268,018.

This is based on house price deflation of 0.7%, between February 2023 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 0.7% deflationary decrease is applied to the most recent sale price for SPRING GARDEN COTTAGE of £270,000 on 3rd February 2023. For the value to have decreased from £270,000 to £268,018 over the two years to February 2025, the following assumptions must hold true:

• The value of SPRING GARDEN COTTAGE has moved in line with the HPI for detached houses in the Carmarthenshire local authority area.
• The February 2023 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of SPRING GARDEN COTTAGE has not materially changed since February 2023.

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 houses in Laugharne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Laugharne, and where SPRING GARDEN COTTAGE lies on this distribution: 6% of detached houses 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.