2, REDWOOD CLOSE, NEATH, SA10 7US - £159,000

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.

2 REDWOOD CLOSE is a very small detached house of 80m², built sometime between 1976 and 1982, which could now be worth an estimated £274,302. It was last sold for £159,000 in July 2015, which was around 10% above the average July 2015 detached price in the Neath Port Talbot local authority area. The most recent EPC inspection was April 2015, where the current energy rating was E, and the potential energy rating was B.

2 REDWOOD CLOSE Sold Prices

Land registry data shows six sales for 2 REDWOOD CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Neath Port Talbot local authority area for the corresponding sale date. All of the six 2 REDWOOD 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
2015 10 JUL	£159,000	£144,965	10% above HPI
2015 19 JUN	£152,500	£144,303	6% above HPI
2013 8 FEB	£148,000	£134,733	10% above HPI
2005 14 JAN	£170,000	£128,922	32% above HPI
2003 5 SEP	£119,950	£92,871	29% above HPI
2001 21 DEC	£85,000	£71,484	19% above HPI

2 REDWOOD CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Neath Port Talbot local authority area over time, sourced from the HPI. The six 2 REDWOOD CLOSE sales between December 2001 and July 2015 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 June 2015 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the July 2015 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 2 REDWOOD CLOSE be worth now?

2 REDWOOD CLOSE might now be worth an estimated £274,302.

This is based on house price inflation of 72.5%, between July 2015 and February 2025, for detached houses, in the Neath Port Talbot local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 72.5% inflationary increase is applied to the most recent sale price for 2 REDWOOD CLOSE of £159,000 on 10th July 2015. For the value to have increased from £159,000 to £274,302 over the ten years and five months to February 2025, the following assumptions must hold true:

• The value of 2 REDWOOD CLOSE has moved in line with the HPI for detached houses in the Neath Port Talbot local authority area.
• The July 2015 sale price of £159,000 represented a fair market value for the property.
• The size, condition, and specification of 2 REDWOOD CLOSE has not materially changed since July 2015.

How Large is 2 REDWOOD CLOSE?

2 REDWOOD CLOSE is 80m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 20% of detached houses houses in Neath, based on EPC data. The below chart shows the distribution of detached houses houses by size in Neath, and where 2 REDWOOD CLOSE lies on this distribution: 16% of detached houses houses are smaller than 2 REDWOOD CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Neath.

2 REDWOOD CLOSE: Plot and Title Map

2 REDWOOD CLOSE sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 2 REDWOOD 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 REDWOOD 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 REDWOOD CLOSE?

2 REDWOOD CLOSE is located in NEATH, in the SA10 postcode district. The below map shows the position of No. 2 on REDWOOD CLOSE.