2, THE DRIVE, NEATH ABBEY, NEATH, SA10 7HD - £135,000

2 THE DRIVE is a very small detached house of 83m², built sometime between 1930 and 1949. It was last sold for £135,000 in August 2015, which was around 11% below the average August 2015 detached price in the Neath Port Talbot local authority area. The most recent EPC inspection was January 2013, where the current energy rating was E, and the potential energy rating was B.

2 THE DRIVE Sold Prices

Land registry data shows two sales for 2 THE DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Neath Port Talbot local authority area for the corresponding sale date. Both of the two 2 THE DRIVE 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
2015 7 AUG	£135,000	£151,777	11% below HPI
2013 22 JAN	£75,000	£144,877	48% below HPI

2 THE DRIVE 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 two 2 THE DRIVE sales from January 2013 and August 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 January 2013 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the August 2015 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 2 THE DRIVE?

2 THE DRIVE is 83m² according to the EPC inspection conducted in January 2013. This puts it in the smallest 20% of detached houses in Neath, based on EPC data. The below chart shows the distribution of detached houses by size in Neath, and where 2 THE DRIVE lies on this distribution: 19% of detached houses are smaller than 2 THE DRIVE, and 80% of houses are larger. Note that EPC data is not available for all properties in Neath.

2 THE DRIVE: Plot and Title Map

2 THE DRIVE sits on a plot of roughly 0.068 of an acre, or 277m². The below map shows the location of 2 THE DRIVE, 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 THE DRIVE). 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 THE DRIVE?

2 THE DRIVE is located in NEATH ABBEY, in the SA10 postcode district. The below map shows the position of No. 2 on THE DRIVE.