4, CORMORANT CLOSE, LLANELLI, SA15 4SS - £184,000

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.

4 CORMORANT CLOSE is a small extended semi-detached house of 95m², built sometime between 1991 and 1995, which could now be worth an estimated £280,634. It was last sold for £184,000 in May 2018, which was around 56% above the average May 2018 semi-detached price in the Carmarthenshire local authority area. The most recent EPC inspection was April 2016, where the current energy rating was C, and the potential energy rating was B.

4 CORMORANT CLOSE Sold Prices

Land registry data shows four sales for 4 CORMORANT CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Carmarthenshire local authority area for the corresponding sale date. All of the four 4 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 31 MAY	£184,000	£117,921	56% above HPI
2016 30 JUN	£172,000	£111,083	55% above HPI
1999 12 AUG	£65,500	£38,881	68% above HPI
1995 13 APR	£62,995	£32,329	95% above HPI

4 CORMORANT CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Carmarthenshire local authority area over time, sourced from the HPI. The four 4 CORMORANT CLOSE sales between April 1995 and May 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 June 2016 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the May 2018 sale, where it rises to 56% above the HPI. The line then continues to track at 56% above the HPI.

What might 4 CORMORANT CLOSE be worth now?

4 CORMORANT CLOSE might now be worth an estimated £280,634.

This is based on house price inflation of 52.5%, between May 2018 and May 2026, for semi-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 52.5% inflationary increase is applied to the most recent sale price for 4 CORMORANT CLOSE of £184,000 on 31st May 2018. For the value to have increased from £184,000 to £280,634 over the eight years to May 2026, the following assumptions must hold true:

• The value of 4 CORMORANT CLOSE has moved in line with the HPI for semi-detached houses in the Carmarthenshire local authority area.
• The May 2018 sale price of £184,000 represented a fair market value for the property.
• The size, condition, and specification of 4 CORMORANT CLOSE has not materially changed since May 2018.

How Large is 4 CORMORANT CLOSE?

4 CORMORANT CLOSE is 95m², which includes one extension, according to the EPC inspection conducted in April 2016. This puts it in the smallest 40% of semi-detached houses houses in Llanelli, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Llanelli, and where 4 CORMORANT CLOSE lies on this distribution: 34% of semi-detached houses houses are smaller than 4 CORMORANT CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Llanelli.

4 CORMORANT CLOSE: Plot and Title Map

4 CORMORANT CLOSE sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 4 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 4 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 4 CORMORANT CLOSE?

4 CORMORANT CLOSE is located in LLANELLI, in the SA15 postcode district. The below map shows the position of No. 4 on CORMORANT CLOSE.