123, HEOL Y PARC, CEFNEITHIN, LLANELLI, SA14 7DS - £225,000

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.

123 HEOL Y PARC is a midsized detached house of 93m², built sometime between 1950 and 1966, which could now be worth an estimated £277,534. It was last sold for £225,000 in March 2021, which was about the average March 2021 detached price in the Carmarthenshire local authority area. The most recent EPC inspection was September 2013, where the current energy rating was F, and the potential energy rating was B.

123 HEOL Y PARC Sold Prices

Land registry data shows three sales for 123 HEOL Y PARC 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. The three 123 HEOL Y PARC sales were a mix of roughly equal to the average price, above the average price, and 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
2021 5 MAR	£225,000	£224,737	Close to HPI
2013 23 AUG	£189,950	£160,651	18% above HPI
1996 14 AUG	£54,000	£56,296	4% below HPI

123 HEOL Y PARC 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 123 HEOL Y PARC sales between August 1996 and March 2021 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 2013 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the March 2021 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 123 HEOL Y PARC be worth now?

123 HEOL Y PARC might now be worth an estimated £277,534.

This is based on house price inflation of 23.3%, between March 2021 and March 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 23.3% inflationary increase is applied to the most recent sale price for 123 HEOL Y PARC of £225,000 on 5th March 2021. For the value to have increased from £225,000 to £277,534 over the four years to March 2025, the following assumptions must hold true:

• The value of 123 HEOL Y PARC has moved in line with the HPI for detached houses in the Carmarthenshire local authority area.
• The March 2021 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 123 HEOL Y PARC has not materially changed since March 2021.

How Large is 123 HEOL Y PARC?

123 HEOL Y PARC is 93m² according to the EPC inspection conducted in September 2013. This puts it in the smallest 50% of detached houses houses in Cefneithin, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cefneithin, and where 123 HEOL Y PARC lies on this distribution: 44% of detached houses houses are smaller than 123 HEOL Y PARC, and 53% of houses are larger. Note that EPC data is not available for all properties in Cefneithin.

123 HEOL Y PARC: Plot and Title Map

123 HEOL Y PARC sits on a plot of roughly 0.185 of an acre, or 748m². The below map shows the location of 123 HEOL Y PARC, 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 123 HEOL Y PARC). 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 123 HEOL Y PARC?

123 HEOL Y PARC is located in CEFNEITHIN, in the SA14 postcode district. The below map shows the position of No. 123 on HEOL Y PARC.