3, OCEAN VIEW, PENDINE, CARMARTHEN, SA33 4PZ - £350,000

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

3 OCEAN VIEW is a small extended detached house of 132m², built sometime between 2003 and 2006. It was last sold for £350,000 in June 2015, which was around 108% above the average June 2015 detached price in the Carmarthenshire local authority area. The most recent EPC inspection was December 2011, where the current energy rating was C, and the potential energy rating was C.

3 OCEAN VIEW Sold Prices

Land registry data shows two sales for 3 OCEAN VIEW 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 3 OCEAN VIEW 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
2015 4 JUN	£350,000	£168,119	108% above HPI
2001 14 DEC	£35,000	£76,897	54% below HPI

3 OCEAN VIEW 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 3 OCEAN VIEW sales from December 2001 and June 2015 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 December 2001 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the June 2015 sale, where it rises to 108% above the HPI. The line then continues to track at 108% above the HPI.

How Large is 3 OCEAN VIEW?

3 OCEAN VIEW is 132m², which includes two extensions, according to the EPC inspection conducted in December 2011. This puts it in the smallest 40% of detached houses in Pendine, based on EPC data. The below chart shows the distribution of detached houses by size in Pendine, and where 3 OCEAN VIEW lies on this distribution: 38% of detached houses are smaller than 3 OCEAN VIEW, and 63% of houses are larger. Note that EPC data is not available for all properties in Pendine.

3 OCEAN VIEW: Plot and Title Map

3 OCEAN VIEW sits on a plot of roughly 0.114 of an acre, or 460m². The below map shows the location of 3 OCEAN VIEW, 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 3 OCEAN VIEW). 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 3 OCEAN VIEW?

3 OCEAN VIEW is located in PENDINE, in the SA33 postcode district. The below map shows the position of No. 3 on OCEAN VIEW.