40, HEOL MORLAIS, TRIMSARAN, KIDWELLY, SA17 4DG - £85,500

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.

40 HEOL MORLAIS is a very small extended terraced house of 74m², built sometime between 1900 and 1929, which could now be worth an estimated £102,305. It was last sold for £85,500 in June 2021, which was around 31% below the average June 2021 terraced price in the Carmarthenshire local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was B.

40 HEOL MORLAIS Sold Prices

Land registry data shows four sales for 40 HEOL MORLAIS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Carmarthenshire local authority area for the corresponding sale date. Most of the four 40 HEOL MORLAIS sales were 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
2021 23 JUN	£85,500	£123,162	31% below HPI
2015 21 AUG	£80,000	£88,366	9% below HPI
2012 20 AUG	£76,500	£89,211	14% below HPI
2004 2 MAR	£64,950	£63,693	2% above HPI

40 HEOL MORLAIS 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 four 40 HEOL MORLAIS sales between March 2004 and June 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 2015 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the June 2021 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 40 HEOL MORLAIS be worth now?

40 HEOL MORLAIS might now be worth an estimated £102,305.

This is based on house price inflation of 19.7%, between June 2021 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 19.7% inflationary increase is applied to the most recent sale price for 40 HEOL MORLAIS of £85,500 on 23rd June 2021. For the value to have increased from £85,500 to £102,305 over the four years to June 2025, the following assumptions must hold true:

• The value of 40 HEOL MORLAIS has moved in line with the HPI for terraced houses in the Carmarthenshire local authority area.
• The June 2021 sale price of £85,500 represented a fair market value for the property.
• The size, condition, and specification of 40 HEOL MORLAIS has not materially changed since June 2021.

How Large is 40 HEOL MORLAIS?

40 HEOL MORLAIS is 74m², which includes three extensions, according to the EPC inspection conducted in May 2012. This puts it in the smallest 10% of terraced houses houses in Trimsaran, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Trimsaran, and where 40 HEOL MORLAIS lies on this distribution: 7% of terraced houses houses are smaller than 40 HEOL MORLAIS, and 93% of houses are larger. Note that EPC data is not available for all properties in Trimsaran.

40 HEOL MORLAIS: Plot and Title Map

40 HEOL MORLAIS sits on a plot of roughly 0.054 of an acre, or 220m². The below map shows the location of 40 HEOL MORLAIS, 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 40 HEOL MORLAIS). 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 40 HEOL MORLAIS?

40 HEOL MORLAIS is located in TRIMSARAN, in the SA17 postcode district. The below map shows the position of No. 40 on HEOL MORLAIS.