2A, GRAIG PARC, NEATH ABBEY, NEATH, SA10 7HB - £95,000

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.

2A GRAIG PARC is a small detached house of 92m², built sometime between 1983 and 1990, which could now be worth an estimated £168,355. It was last sold for £95,000 in April 2014, which was around 34% below the average April 2014 detached price in the Neath Port Talbot local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was B.

2A GRAIG PARC Sold Prices

Land registry data shows three sales for 2A GRAIG PARC 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. All of the three 2A GRAIG PARC 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
2014 16 APR	£95,000	£143,207	34% below HPI
2008 26 SEP	£100,000	£148,186	33% below HPI
2002 31 MAY	£58,000	£70,520	18% below HPI

2A GRAIG PARC 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 2A GRAIG PARC sales between May 2002 and April 2014 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 September 2008 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the April 2014 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 2A GRAIG PARC be worth now?

2A GRAIG PARC might now be worth an estimated £168,355.

This is based on house price inflation of 77.2%, between April 2014 and May 2026, 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 77.2% inflationary increase is applied to the most recent sale price for 2A GRAIG PARC of £95,000 on 16th April 2014. For the value to have increased from £95,000 to £168,355 over the eleven years and eleven months to May 2026, the following assumptions must hold true:

• The value of 2A GRAIG PARC has moved in line with the HPI for detached houses in the Neath Port Talbot local authority area.
• The April 2014 sale price of £95,000 represented a fair market value for the property.
• The size, condition, and specification of 2A GRAIG PARC has not materially changed since April 2014.

How Large is 2A GRAIG PARC?

2A GRAIG PARC is 92m² according to the EPC inspection conducted in June 2013. This puts it in the smallest 30% 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 2A GRAIG PARC lies on this distribution: 30% of detached houses houses are smaller than 2A GRAIG PARC, and 69% of houses are larger. Note that EPC data is not available for all properties in Neath.

2A GRAIG PARC: Plot and Title Map

2A GRAIG PARC sits on a plot of roughly 0.034 of an acre, or 139m². The below map shows the location of 2A GRAIG PARC, 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 2A GRAIG PARC). 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 2A GRAIG PARC?

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