18, MEGAN CLOSE, GORSEINON, SWANSEA, SA4 4PS - £113,500

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.

18 MEGAN CLOSE is a very small terraced house of 58m², built sometime between 1983 and 1990, which could now be worth an estimated £172,118. It was last sold for £113,500 in May 2008, which was around 2% above the average May 2008 terraced price in the Swansea local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was B.

18 MEGAN CLOSE Sold Prices

Land registry data shows one sale for 18 MEGAN CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced price in the Swansea local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2008 23 MAY	£113,500	£111,817	2% above HPI

What might 18 MEGAN CLOSE be worth now?

18 MEGAN CLOSE might now be worth an estimated £172,118.

This is based on house price inflation of 51.6%, between May 2008 and May 2026, for terraced 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 51.6% inflationary increase is applied to the most recent sale price for 18 MEGAN CLOSE of £113,500 on 23rd May 2008. For the value to have increased from £113,500 to £172,118 over the eighteen years to May 2026, the following assumptions must hold true:

• The value of 18 MEGAN CLOSE has moved in line with the HPI for terraced houses in the Swansea local authority area.
• The May 2008 sale price of £113,500 represented a fair market value for the property.
• The size, condition, and specification of 18 MEGAN CLOSE has not materially changed since May 2008.

How Large is 18 MEGAN CLOSE?

18 MEGAN CLOSE is 58m² according to the EPC inspection conducted in November 2021. This puts it in the smallest 10% of terraced houses in Gorseinon, based on EPC data. The below chart shows the distribution of terraced houses by size in Gorseinon, and where 18 MEGAN CLOSE lies on this distribution: 8% of terraced houses are smaller than 18 MEGAN CLOSE, and 91% of terraced houses are larger. Note that EPC data is not available for all properties in Gorseinon.

18 MEGAN CLOSE: Plot

18 MEGAN CLOSE sits on a plot of roughly 0.024 of an acre, or 98m².

Where is 18 MEGAN CLOSE?

18 MEGAN CLOSE is located in GORSEINON, in the SA4 postcode district.