1, CRESTACRE CLOSE, NEWTON, SWANSEA, SA3 4UR - £454,000

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.

1 CRESTACRE CLOSE is a large extended detached house of 126m², built sometime between 1976 and 1982, which could now be worth an estimated £509,262. It was last sold for £454,000 in February 2022, which was around 55% above the average February 2022 detached price in the Swansea local authority area. The most recent EPC inspection was February 2011, where the current energy rating was D, and the potential energy rating was C.

1 CRESTACRE CLOSE Sold Prices

Land registry data shows two sales for 1 CRESTACRE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Swansea local authority area for the corresponding sale date. Both of the two 1 CRESTACRE CLOSE 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 4 FEB	£454,000	£293,100	55% above HPI
2001 16 JAN	£112,000	£88,767	26% above HPI

1 CRESTACRE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Swansea local authority area over time, sourced from the HPI. The two 1 CRESTACRE CLOSE sales from January 2001 and February 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 January 2001 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the February 2022 sale, where it rises to 55% above the HPI. The line then continues to track at 55% above the HPI.

What might 1 CRESTACRE CLOSE be worth now?

1 CRESTACRE CLOSE might now be worth an estimated £509,262.

This is based on house price inflation of 12.2%, between February 2022 and May 2026, for detached houses, in the Swansea local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 12.2% inflationary increase is applied to the most recent sale price for 1 CRESTACRE CLOSE of £454,000 on 4th February 2022. For the value to have increased from £454,000 to £509,262 over the three years and nine months to May 2026, the following assumptions must hold true:

• The value of 1 CRESTACRE CLOSE has moved in line with the HPI for detached houses in the Swansea local authority area.
• The February 2022 sale price of £454,000 represented a fair market value for the property.
• The size, condition, and specification of 1 CRESTACRE CLOSE has not materially changed since February 2022.

How Large is 1 CRESTACRE CLOSE?

1 CRESTACRE CLOSE is 126m², which includes one extension, according to the EPC inspection conducted in February 2011. This puts it in the largest 40% of detached houses in Swansea, based on EPC data. The below chart shows the distribution of detached houses by size in Swansea, and where 1 CRESTACRE CLOSE lies on this distribution: 60% of detached houses are smaller than 1 CRESTACRE CLOSE, and 39% of detached houses are larger. Note that EPC data is not available for all properties in Swansea.