2, MEGAN CLOSE, GORSEINON, SWANSEA, SA4 4PS - £120,000

2 MEGAN CLOSE is a very small detached house of 77m², built sometime between 1996 and 2002. It was last sold for £120,000 in July 2013, which was around 38% below the average July 2013 detached price in the Swansea local authority area. The most recent EPC inspection was April 2009, where the current energy rating was D, and the potential energy rating was C.

2 MEGAN CLOSE Sold Prices

Land registry data shows four sales for 2 MEGAN CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Swansea local authority area for the corresponding sale date. All of the four 2 MEGAN CLOSE sales were for below 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
2013 31 JUL	£120,000	£193,955	38% below HPI
2009 19 OCT	£135,000	£199,236	32% below HPI
2003 14 MAR	£97,500	£116,510	16% below HPI
1999 29 OCT	£74,995	£84,550	11% below HPI

2 MEGAN 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 four 2 MEGAN CLOSE sales between October 1999 and July 2013 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 2009 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the July 2013 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 2 MEGAN CLOSE?

2 MEGAN CLOSE is 77m² according to the EPC inspection conducted in April 2009. This puts it in the smallest 20% of detached houses in Gorseinon, based on EPC data. The below chart shows the distribution of detached houses by size in Gorseinon, and where 2 MEGAN CLOSE lies on this distribution: 13% of detached houses are smaller than 2 MEGAN CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Gorseinon.

2 MEGAN CLOSE: Plot and Title Map

2 MEGAN CLOSE sits on a plot of roughly 0.062 of an acre, or 252m². The below map shows the location of 2 MEGAN CLOSE, 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 2 MEGAN CLOSE). 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 2 MEGAN CLOSE?

2 MEGAN CLOSE is located in GORSEINON, in the SA4 postcode district. The below map shows the position of No. 2 on MEGAN CLOSE.