2, FARADAY ROAD, CLYDACH, SWANSEA, SA6 5JT - £145,000

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.

2 FARADAY ROAD is a midsized detached house of 107m², built sometime between 1900 and 1929, which could now be worth an estimated £245,742. It was last sold for £145,000 in December 2012, which was around 25% below the average December 2012 detached price in the Swansea local authority area. The most recent EPC inspection was November 2011, where the current energy rating was D, and the potential energy rating was C.

2 FARADAY ROAD Sold Prices

Land registry data shows six sales for 2 FARADAY ROAD since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Swansea local authority area for the corresponding sale date. All of the six 2 FARADAY ROAD 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
2012 7 DEC	£145,000	£193,995	25% below HPI
2011 16 DEC	£163,500	£195,970	17% below HPI
2000 21 DEC	£62,500	£90,116	31% below HPI
2000 21 DEC	£63,500	£90,116	30% below HPI
1997 19 DEC	£50,000	£77,910	36% below HPI
1995 17 NOV	£33,500	£71,018	53% below HPI

What might 2 FARADAY ROAD be worth now?

2 FARADAY ROAD might now be worth an estimated £245,742.

This is based on house price inflation of 69.5%, between December 2012 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 69.5% inflationary increase is applied to the most recent sale price for 2 FARADAY ROAD of £145,000 on 7th December 2012. For the value to have increased from £145,000 to £245,742 over the fourteen years and seven months to May 2026, the following assumptions must hold true:

• The value of 2 FARADAY ROAD has moved in line with the HPI for detached houses in the Swansea local authority area.
• The December 2012 sale price of £145,000 represented a fair market value for the property.
• The size, condition, and specification of 2 FARADAY ROAD has not materially changed since December 2012.

How Large is 2 FARADAY ROAD?

2 FARADAY ROAD is 107m² according to the EPC inspection conducted in November 2011. This puts it in the largest 50% of detached houses in Clydach, based on EPC data. The below chart shows the distribution of detached houses by size in Clydach, and where 2 FARADAY ROAD lies on this distribution: 50% of detached houses are smaller than 2 FARADAY ROAD, and 49% of detached houses are larger. Note that EPC data is not available for all properties in Clydach.

2 FARADAY ROAD: Plot

2 FARADAY ROAD sits on a plot of roughly 0.142 of an acre, or 573m².

Where is 2 FARADAY ROAD?

2 FARADAY ROAD is located in CLYDACH, in the SA6 postcode district.