48, SPRINGFIELDS, LLANELLI, SA15 2DD - £117,500

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.

48 SPRINGFIELDS is a very small extended terraced house of 75m², built sometime between 1996 and 2002, which could now be worth an estimated £198,239. It was last sold for £117,500 in March 2016, which was around 35% above the average March 2016 terraced price in the Carmarthenshire local authority area. The most recent EPC inspection was June 2015, where the current energy rating was C, and the potential energy rating was B.

48 SPRINGFIELDS Sold Prices

Land registry data shows two sales for 48 SPRINGFIELDS 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. Both of the two 48 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
2016 1 MAR	£117,500	£87,349	35% above HPI
1998 30 OCT	£49,450	£29,529	67% above HPI

48 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 two 48 SPRINGFIELDS sales from October 1998 and March 2016 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 October 1998 sale was for 67% above the HPI. So the extrapolation line tracks at 67% above the HPI over time, until the March 2016 sale, where it falls to 35% above the HPI. The line then continues to track at 35% above the HPI.

What might 48 SPRINGFIELDS be worth now?

48 SPRINGFIELDS might now be worth an estimated £198,239.

This is based on house price inflation of 68.7%, between March 2016 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 68.7% inflationary increase is applied to the most recent sale price for 48 SPRINGFIELDS of £117,500 on 1st March 2016. For the value to have increased from £117,500 to £198,239 over the eight years and nine months to June 2025, the following assumptions must hold true:

• The value of 48 SPRINGFIELDS has moved in line with the HPI for terraced houses in the Carmarthenshire local authority area.
• The March 2016 sale price of £117,500 represented a fair market value for the property.
• The size, condition, and specification of 48 SPRINGFIELDS has not materially changed since March 2016.

How Large is 48 SPRINGFIELDS?

48 SPRINGFIELDS is 75m², which includes one extension, according to the EPC inspection conducted in June 2015. This puts it in the smallest 20% 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 48 SPRINGFIELDS lies on this distribution: 12% of terraced houses houses are smaller than 48 SPRINGFIELDS, and 87% of houses are larger. Note that EPC data is not available for all properties in Llanelli.

48 SPRINGFIELDS: Plot and Title Map

48 SPRINGFIELDS sits on a plot of roughly 32.4 acres, or 131,177m². The below map shows the location of 48 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 48 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 48 SPRINGFIELDS?

48 SPRINGFIELDS is located in LLANELLI, in the SA15 postcode district. The below map shows the position of No. 48 on SPRINGFIELDS.