THE OLD COTTON STORES, HEOL SALEM, JOHNSTOWN, CARMARTHEN, SA31 3HT - £125,000

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

THE OLD COTTON STORES is a small detached house of 102m², built sometime before 1900. It was last sold for £125,000 in May 2024, which was around 54% below the average May 2024 detached price in the Carmarthenshire local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was B.

THE OLD COTTON STORES Sold Prices

Land registry data shows five sales for THE OLD COTTON STORES since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Carmarthenshire local authority area for the corresponding sale date. Most of the five THE OLD COTTON STORES 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
2024 7 MAY	£125,000	£272,942	54% below HPI
2008 14 MAR	£125,000	£189,918	34% below HPI
2006 30 MAR	£390,000	£170,584	129% above HPI
2003 21 NOV	£79,950	£116,564	31% below HPI
2001 26 OCT	£175,000	£76,425	129% above HPI

THE OLD COTTON STORES 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 five THE OLD COTTON STORES sales between October 2001 and May 2024 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 March 2008 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the May 2024 sale, where it falls to 54% below the HPI. The line then continues to track at 54% below the HPI.

How Large is THE OLD COTTON STORES?

THE OLD COTTON STORES is 102m² according to the EPC inspection conducted in February 2023. This puts it in the smallest 40% of detached houses in Carmarthen, based on EPC data. The below chart shows the distribution of detached houses by size in Carmarthen, and where THE OLD COTTON STORES lies on this distribution: 39% of detached houses are smaller than THE OLD COTTON STORES, and 59% of houses are larger. Note that EPC data is not available for all properties in Carmarthen.

THE OLD COTTON STORES: Plot and Title Map

THE OLD COTTON STORES sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of THE OLD COTTON STORES, 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 THE OLD COTTON STORES). 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 THE OLD COTTON STORES?

THE OLD COTTON STORES is located on HEOL SALEM in JOHNSTOWN, in the SA31 postcode district. The below map shows the position of THE OLD COTTON STORES on HEOL SALEM.