40, SPRINGFIELDS, LLANELLI, SA15 2DD - £155,000

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.

40 SPRINGFIELDS is a very small terraced house of 70m², built sometime between 1996 and 2002, which could now be worth an estimated £156,437. It was last sold for £155,000 in October 2022, which was around 6% above the average October 2022 terraced price in the Carmarthenshire local authority area. The most recent EPC inspection was November 2019, where the current energy rating was C, and the potential energy rating was B.

40 SPRINGFIELDS Sold Prices

Land registry data shows five sales for 40 SPRINGFIELDS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Carmarthenshire local authority area for the corresponding sale date. Most of the five 40 SPRINGFIELDS 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
2022 31 OCT	£155,000	£146,016	6% above HPI
2021 22 MAR	£115,540	£117,603	2% below HPI
2005 23 SEP	£107,000	£89,461	20% above HPI
2000 5 MAY	£48,000	£30,371	58% above HPI
1998 29 MAY	£47,950	£29,813	61% above HPI

40 SPRINGFIELDS 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 five 40 SPRINGFIELDS sales between May 1998 and October 2022 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 March 2021 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the October 2022 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 40 SPRINGFIELDS be worth now?

40 SPRINGFIELDS might now be worth an estimated £156,437.

This is based on house price inflation of 0.9%, between October 2022 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 0.9% inflationary increase is applied to the most recent sale price for 40 SPRINGFIELDS of £155,000 on 31st October 2022. For the value to have increased from £155,000 to £156,437 over the three years and four months to June 2025, the following assumptions must hold true:

• The value of 40 SPRINGFIELDS has moved in line with the HPI for terraced houses in the Carmarthenshire local authority area.
• The October 2022 sale price of £155,000 represented a fair market value for the property.
• The size, condition, and specification of 40 SPRINGFIELDS has not materially changed since October 2022.

How Large is 40 SPRINGFIELDS?

40 SPRINGFIELDS is 70m² according to the EPC inspection conducted in November 2019. This puts it in the smallest 10% 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 40 SPRINGFIELDS lies on this distribution: 8% of terraced houses houses are smaller than 40 SPRINGFIELDS, and 91% of houses are larger. Note that EPC data is not available for all properties in Llanelli.

40 SPRINGFIELDS: Plot and Title Map

40 SPRINGFIELDS sits on a plot of roughly 32.4 acres, or 131,177m². The below map shows the location of 40 SPRINGFIELDS, 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 SPRINGFIELDS). 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 SPRINGFIELDS?

40 SPRINGFIELDS is located in LLANELLI, in the SA15 postcode district. The below map shows the position of No. 40 on SPRINGFIELDS.