TY OLAF, LLANLLWNI, PENCADER, SA39 9EA - £161,000

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.

TY OLAF is a very small detached house of 77m², built sometime between 1991 and 1995, which could now be worth an estimated £244,551. It was last sold for £161,000 in September 2017, which was around 14% below the average September 2017 detached price in the Carmarthenshire local authority area. The most recent EPC inspection was April 2015, where the current energy rating was E, and the potential energy rating was C.

TY OLAF Sold Prices

Land registry data shows three sales for TY OLAF since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Carmarthenshire local authority area for the corresponding sale date. Two of the three TY OLAF sales were for below the average price, whilst one was 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 4 SEP	£161,000	£187,270	14% below HPI
2000 14 JUL	£73,000	£67,887	8% above HPI
1999 4 MAR	£53,000	£57,627	8% below HPI

TY OLAF 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 three TY OLAF sales between March 1999 and September 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 July 2000 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the September 2017 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might TY OLAF be worth now?

TY OLAF might now be worth an estimated £244,551.

This is based on house price inflation of 51.9%, between September 2017 and July 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 51.9% inflationary increase is applied to the most recent sale price for TY OLAF of £161,000 on 4th September 2017. For the value to have increased from £161,000 to £244,551 over the nine years and two months to July 2026, the following assumptions must hold true:

• The value of TY OLAF has moved in line with the HPI for detached houses in the Carmarthenshire local authority area.
• The September 2017 sale price of £161,000 represented a fair market value for the property.
• The size, condition, and specification of TY OLAF has not materially changed since September 2017.

How Large is TY OLAF?

TY OLAF is 77m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 10% of detached houses houses in Llanllwni, based on EPC data. The below chart shows the distribution of detached houses houses by size in Llanllwni, and where TY OLAF lies on this distribution: 4% of detached houses houses are smaller than TY OLAF, and 94% of houses are larger. Note that EPC data is not available for all properties in Llanllwni.

TY OLAF: Plot and Title Map

TY OLAF sits on a plot of roughly 0.149 of an acre, or 604m². The below map shows the location of TY OLAF, 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 TY OLAF). 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 TY OLAF?

TY OLAF is located in LLANLLWNI, in the SA39 postcode district. The below map shows the position of TY OLAF in LLANLLWNI.