SKERRIES, PENDINE, CARMARTHEN, SA33 4PQ - £222,000

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.

SKERRIES is a small extended detached house of 116m², built sometime between 1950 and 1966, which could now be worth an estimated £345,709. It was last sold for £222,000 in July 2017, which was around 23% above the average July 2017 detached price in the Carmarthenshire local authority area. The most recent EPC inspection was May 2016, where the current energy rating was F, and the potential energy rating was C.

SKERRIES Sold Prices

Land registry data shows four sales for SKERRIES since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Carmarthenshire local authority area for the corresponding sale date. All of the four SKERRIES 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
2017 6 JUL	£222,000	£180,291	23% above HPI
2005 24 AUG	£169,950	£165,405	3% above HPI
2003 25 JUL	£135,000	£110,369	22% above HPI
1998 29 APR	£70,000	£58,507	20% above HPI

SKERRIES 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 four SKERRIES sales between April 1998 and July 2017 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 2005 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the July 2017 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might SKERRIES be worth now?

SKERRIES might now be worth an estimated £345,709.

This is based on house price inflation of 55.7%, between July 2017 and April 2026, for 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 55.7% inflationary increase is applied to the most recent sale price for SKERRIES of £222,000 on 6th July 2017. For the value to have increased from £222,000 to £345,709 over the nine years and three months to April 2026, the following assumptions must hold true:

• The value of SKERRIES has moved in line with the HPI for detached houses in the Carmarthenshire local authority area.
• The July 2017 sale price of £222,000 represented a fair market value for the property.
• The size, condition, and specification of SKERRIES has not materially changed since July 2017.

How Large is SKERRIES?

SKERRIES is 116m², which includes one extension, according to the EPC inspection conducted in May 2016. This puts it in the smallest 30% of detached houses houses in Pendine, based on EPC data. The below chart shows the distribution of detached houses houses by size in Pendine, and where SKERRIES lies on this distribution: 21% of detached houses houses are smaller than SKERRIES, and 76% of houses are larger. Note that EPC data is not available for all properties in Pendine.

SKERRIES: Plot and Title Map

SKERRIES sits on a plot of roughly 0.209 of an acre, or 845m². The below map shows the location of SKERRIES, 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 SKERRIES). 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 SKERRIES?

SKERRIES is located in PENDINE, in the SA33 postcode district. The below map shows the position of SKERRIES in PENDINE.