2, THE OAKS, CIMLA, NEATH, SA11 3RJ - £350,000

2 THE OAKS is a very large detached house of 208m², built sometime between 2003 and 2006. It was last sold for £350,000 in August 2023, which was around 39% above the average August 2023 detached price in the Neath Port Talbot local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.

2 THE OAKS Sold Prices

Land registry data shows three sales for 2 THE OAKS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Neath Port Talbot local authority area for the corresponding sale date. Two of the three 2 THE OAKS sales were for above the average price, whilst one was 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
2023 25 AUG	£350,000	£251,007	39% above HPI
2020 6 NOV	£247,000	£200,256	23% above HPI
2004 20 FEB	£52,500	£104,269	50% below HPI

2 THE OAKS 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 three 2 THE OAKS sales between February 2004 and August 2023 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 November 2020 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the August 2023 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.

How Large is 2 THE OAKS?

2 THE OAKS is 208m² according to the EPC inspection conducted in March 2023. This puts it in the largest 10% 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 OAKS lies on this distribution: 96% of detached houses are smaller than 2 THE OAKS, and 4% of houses are larger. Note that EPC data is not available for all properties in Neath.

2 THE OAKS: Plot and Title Map

2 THE OAKS sits on a plot of roughly 0.086 of an acre, or 348m². The below map shows the location of 2 THE OAKS, 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 OAKS). 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 OAKS?

2 THE OAKS is located in CIMLA, in the SA11 postcode district. The below map shows the position of No. 2 on THE OAKS.