4, HEOL PENYCAE, GORSEINON, SWANSEA, SA4 4ZB - £180,000

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.

4 HEOL PENYCAE is a small detached house of 86m², built sometime between 1991 and 1995, which could now be worth an estimated £262,200. It was last sold for £180,000 in February 2008, which was around 20% below the average February 2008 detached price in the Swansea 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.

4 HEOL PENYCAE Sold Prices

Land registry data shows two sales for 4 HEOL PENYCAE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Swansea local authority area for the corresponding sale date. Both of the two 4 HEOL PENYCAE 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
2008 11 FEB	£180,000	£225,705	20% below HPI
2001 12 OCT	£73,000	£95,938	24% below HPI

4 HEOL PENYCAE 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 two 4 HEOL PENYCAE sales from October 2001 and February 2008 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 2001 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the February 2008 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 4 HEOL PENYCAE be worth now?

4 HEOL PENYCAE might now be worth an estimated £262,200.

This is based on house price inflation of 45.7%, between February 2008 and May 2026, for detached houses, in the Swansea local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 45.7% inflationary increase is applied to the most recent sale price for 4 HEOL PENYCAE of £180,000 on 11th February 2008. For the value to have increased from £180,000 to £262,200 over the seventeen years and nine months to May 2026, the following assumptions must hold true:

• The value of 4 HEOL PENYCAE has moved in line with the HPI for detached houses in the Swansea local authority area.
• The February 2008 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 4 HEOL PENYCAE has not materially changed since February 2008.

How Large is 4 HEOL PENYCAE?

4 HEOL PENYCAE is 86m² according to the EPC inspection conducted in June 2013. This puts it in the smallest 30% of detached houses houses in Gorseinon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gorseinon, and where 4 HEOL PENYCAE lies on this distribution: 23% of detached houses houses are smaller than 4 HEOL PENYCAE, and 76% of houses are larger. Note that EPC data is not available for all properties in Gorseinon.

4 HEOL PENYCAE: Plot and Title Map

4 HEOL PENYCAE sits on a plot of roughly 0.113 of an acre, or 456m². The below map shows the location of 4 HEOL PENYCAE, 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 4 HEOL PENYCAE). 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 4 HEOL PENYCAE?

4 HEOL PENYCAE is located in GORSEINON, in the SA4 postcode district. The below map shows the position of No. 4 on HEOL PENYCAE.