WILLOWBANK, HEOL SMYRNA, LLANGAIN, CARMARTHEN, SA33 5AD - £105,000

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

WILLOWBANK is a very small detached house of 96m², built sometime between 1967 and 1975. It was last sold for £105,000 in July 2024, which was around 60% below the average July 2024 detached price in the Carmarthenshire local authority area. The most recent EPC inspection was October 2023, where the current energy rating was F, and the potential energy rating was C.

WILLOWBANK Sold Prices

Land registry data shows two sales for WILLOWBANK 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. One of the two WILLOWBANK sales was for below the average price, whilst the other was for above 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 12 JUL	£105,000	£264,223	60% below HPI
2001 12 SEP	£95,000	£74,349	28% above HPI

WILLOWBANK 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 WILLOWBANK sales from September 2001 and July 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 September 2001 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the July 2024 sale, where it falls to 60% below the HPI. The line then continues to track at 60% below the HPI.

How Large is WILLOWBANK?

WILLOWBANK is 96m² according to the EPC inspection conducted in October 2023. This puts it in the smallest 20% of detached houses in Llangain, based on EPC data. The below chart shows the distribution of detached houses by size in Llangain, and where WILLOWBANK lies on this distribution: 14% of detached houses are smaller than WILLOWBANK, and 86% of houses are larger. Note that EPC data is not available for all properties in Llangain.

WILLOWBANK: Plot and Title Map

WILLOWBANK sits on a plot of roughly 0.186 of an acre, or 752m². The below map shows the location of WILLOWBANK, 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 WILLOWBANK). 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 WILLOWBANK?

WILLOWBANK is located on HEOL SMYRNA in LLANGAIN, in the SA33 postcode district. The below map shows the position of WILLOWBANK on HEOL SMYRNA.