14, CORMORANT CLOSE, LLANELLI, SA15 4SS - £350,000

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.

14 CORMORANT CLOSE is a large extended detached house of 134m², built sometime between 1976 and 1982, which could now be worth an estimated £492,807. It was last sold for £350,000 in December 2018, which was around 76% above the average December 2018 detached price in the Carmarthenshire local authority area. The most recent EPC inspection was June 2014, where the current energy rating was E, and the potential energy rating was C.

14 CORMORANT CLOSE Sold Prices

Land registry data shows three sales for 14 CORMORANT CLOSE 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 14 CORMORANT CLOSE sales were 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
2018 12 DEC	£350,000	£198,824	76% above HPI
1997 23 FEB	£90,000	£54,430	65% above HPI
1996 7 AUG	£87,000	£56,296	55% above HPI

14 CORMORANT CLOSE 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 14 CORMORANT CLOSE sales between August 1996 and December 2018 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 February 1997 sale was for 65% above the HPI. So the extrapolation line tracks at 65% above the HPI over time, until the December 2018 sale, where it rises to 76% above the HPI. The line then continues to track at 76% above the HPI.

What might 14 CORMORANT CLOSE be worth now?

14 CORMORANT CLOSE might now be worth an estimated £492,807.

This is based on house price inflation of 40.8%, between December 2018 and June 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 40.8% inflationary increase is applied to the most recent sale price for 14 CORMORANT CLOSE of £350,000 on 12th December 2018. For the value to have increased from £350,000 to £492,807 over the seven years and six months to June 2025, the following assumptions must hold true:

• The value of 14 CORMORANT CLOSE has moved in line with the HPI for detached houses in the Carmarthenshire local authority area.
• The December 2018 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 14 CORMORANT CLOSE has not materially changed since December 2018.

How Large is 14 CORMORANT CLOSE?

14 CORMORANT CLOSE is 134m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the largest 30% of detached houses houses in Llanelli, based on EPC data. The below chart shows the distribution of detached houses houses by size in Llanelli, and where 14 CORMORANT CLOSE lies on this distribution: 75% of detached houses houses are smaller than 14 CORMORANT CLOSE, and 24% of houses are larger. Note that EPC data is not available for all properties in Llanelli.

14 CORMORANT CLOSE: Plot and Title Map

14 CORMORANT CLOSE sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of 14 CORMORANT CLOSE, 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 14 CORMORANT CLOSE). 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 14 CORMORANT CLOSE?

14 CORMORANT CLOSE is located in LLANELLI, in the SA15 postcode district. The below map shows the position of No. 14 on CORMORANT CLOSE.