15, SALEM ROAD, LLANELLI, SA15 3PZ - £133,000

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.

15 SALEM ROAD is a small extended terraced house of 90m², built sometime before 1900, which could now be worth an estimated £172,151. It was last sold for £133,000 in November 2020, which was around 17% above the average November 2020 terraced price in the Carmarthenshire local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

15 SALEM ROAD Sold Prices

Land registry data shows two sales for 15 SALEM ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Carmarthenshire local authority area for the corresponding sale date. One of the two 15 SALEM ROAD sales was for above the average price, whilst the other was 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
2020 4 NOV	£133,000	£113,855	17% above HPI
2018 16 JAN	£50,000	£97,762	49% below HPI

15 SALEM ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Carmarthenshire local authority area over time, sourced from the HPI. The two 15 SALEM ROAD sales from January 2018 and November 2020 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 January 2018 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the November 2020 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 15 SALEM ROAD be worth now?

15 SALEM ROAD might now be worth an estimated £172,151.

This is based on house price inflation of 29.4%, between November 2020 and June 2025, for terraced 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 29.4% inflationary increase is applied to the most recent sale price for 15 SALEM ROAD of £133,000 on 4th November 2020. For the value to have increased from £133,000 to £172,151 over the five years and five months to June 2025, the following assumptions must hold true:

• The value of 15 SALEM ROAD has moved in line with the HPI for terraced houses in the Carmarthenshire local authority area.
• The November 2020 sale price of £133,000 represented a fair market value for the property.
• The size, condition, and specification of 15 SALEM ROAD has not materially changed since November 2020.

How Large is 15 SALEM ROAD?

15 SALEM ROAD is 90m², which includes two extensions, according to the EPC inspection conducted in July 2020. This puts it in the smallest 40% of terraced houses houses in Llanelli, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Llanelli, and where 15 SALEM ROAD lies on this distribution: 30% of terraced houses houses are smaller than 15 SALEM ROAD, and 68% of houses are larger. Note that EPC data is not available for all properties in Llanelli.

15 SALEM ROAD: Plot and Title Map

15 SALEM ROAD sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of 15 SALEM ROAD, 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 15 SALEM ROAD). 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 15 SALEM ROAD?

15 SALEM ROAD is located in LLANELLI, in the SA15 postcode district. The below map shows the position of No. 15 on SALEM ROAD.