TOWY LODGE, LLANSTEFFAN ROAD, CARMARTHEN, SA31 3QU - £115,000

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

TOWY LODGE is a small extended detached house of 98m², built sometime between 1900 and 1929. It was last sold for £115,000 in June 2017, which was around 36% below the average June 2017 detached price in the Carmarthenshire local authority area. The most recent EPC inspection was September 2019, where the current energy rating was E, and the potential energy rating was B.

TOWY LODGE Sold Prices

Land registry data shows two sales for TOWY LODGE 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 TOWY LODGE 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
2017 9 JUN	£115,000	£179,100	36% below HPI
2000 11 AUG	£50,500	£68,323	26% below HPI

TOWY LODGE 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 TOWY LODGE sales from August 2000 and June 2017 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 August 2000 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the June 2017 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is TOWY LODGE?

TOWY LODGE is 98m², which includes two extensions, according to the EPC inspection conducted in September 2019. 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 TOWY LODGE lies on this distribution: 35% of detached houses are smaller than TOWY LODGE, and 64% of houses are larger. Note that EPC data is not available for all properties in Carmarthen.

TOWY LODGE: Plot and Title Map

TOWY LODGE sits on a plot of roughly 0.054 of an acre, or 219m². The below map shows the location of TOWY LODGE, 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 TOWY LODGE). 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 TOWY LODGE?

TOWY LODGE is located on LLANSTEFFAN ROAD in CARMARTHEN, in the SA31 postcode district. The below map shows the position of TOWY LODGE on LLANSTEFFAN ROAD.