2, OCEAN VIEW CLOSE, SKETTY, SWANSEA, SA2 8EP - £283,000

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 OCEAN VIEW CLOSE is a large extended detached house of 141m², built sometime between 1967 and 1975, which could now be worth an estimated £485,986. It was last sold for £283,000 in May 2012, which was around 48% above the average May 2012 detached price in the Swansea local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was C.

2 OCEAN VIEW CLOSE Sold Prices

Land registry data shows one sale for 2 OCEAN VIEW CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached 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
2012 28 MAY	£283,000	£191,454	48% above HPI

What might 2 OCEAN VIEW CLOSE be worth now?

2 OCEAN VIEW CLOSE might now be worth an estimated £485,986.

This is based on house price inflation of 71.7%, between May 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 71.7% inflationary increase is applied to the most recent sale price for 2 OCEAN VIEW CLOSE of £283,000 on 28th May 2012. For the value to have increased from £283,000 to £485,986 over the fourteen years to May 2026, the following assumptions must hold true:

• The value of 2 OCEAN VIEW CLOSE has moved in line with the HPI for detached houses in the Swansea local authority area.
• The May 2012 sale price of £283,000 represented a fair market value for the property.
• The size, condition, and specification of 2 OCEAN VIEW CLOSE has not materially changed since May 2012.

How Large is 2 OCEAN VIEW CLOSE?

2 OCEAN VIEW CLOSE is 141m², which includes one extension, according to the EPC inspection conducted in March 2011. This puts it in the largest 30% of detached houses in Swansea, based on EPC data. The below chart shows the distribution of detached houses by size in Swansea, and where 2 OCEAN VIEW CLOSE lies on this distribution: 71% of detached houses are smaller than 2 OCEAN VIEW CLOSE, and 28% of detached houses are larger. Note that EPC data is not available for all properties in Swansea.

2 OCEAN VIEW CLOSE: Plot

2 OCEAN VIEW CLOSE sits on a plot of roughly 0.128 of an acre, or 516m².

Where is 2 OCEAN VIEW CLOSE?

2 OCEAN VIEW CLOSE is located in SKETTY, in the SA2 postcode district.