4, WELLFIELD CLOSE, GORSEINON, SWANSEA, SA4 6BD - £160,000

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 WELLFIELD CLOSE is a very small detached house of 83m², built sometime between 1967 and 1975, which could now be worth an estimated £230,512. It was last sold for £160,000 in October 2017, which was around 30% below the average October 2017 detached price in the Swansea local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was B.

4 WELLFIELD CLOSE Sold Prices

Land registry data shows five sales for 4 WELLFIELD CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Swansea local authority area for the corresponding sale date. All of the five 4 WELLFIELD CLOSE 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
2017 24 OCT	£160,000	£228,206	30% below HPI
2003 21 MAR	£60,000	£117,252	49% below HPI
1996 6 DEC	£64,000	£74,691	14% below HPI
1996 29 MAR	£54,000	£70,961	24% below HPI
1996 29 MAR	£54,000	£70,961	24% below HPI

What might 4 WELLFIELD CLOSE be worth now?

4 WELLFIELD CLOSE might now be worth an estimated £230,512.

This is based on house price inflation of 44.1%, between October 2017 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 44.1% inflationary increase is applied to the most recent sale price for 4 WELLFIELD CLOSE of £160,000 on 24th October 2017. For the value to have increased from £160,000 to £230,512 over the nine years and five months to May 2026, the following assumptions must hold true:

• The value of 4 WELLFIELD CLOSE has moved in line with the HPI for detached houses in the Swansea local authority area.
• The October 2017 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 4 WELLFIELD CLOSE has not materially changed since October 2017.

How Large is 4 WELLFIELD CLOSE?

4 WELLFIELD CLOSE is 83m² according to the EPC inspection conducted in August 2017. This puts it in the smallest 20% of detached houses in Gorseinon, based on EPC data. The below chart shows the distribution of detached houses by size in Gorseinon, and where 4 WELLFIELD CLOSE lies on this distribution: 19% of detached houses are smaller than 4 WELLFIELD CLOSE, and 79% of detached houses are larger. Note that EPC data is not available for all properties in Gorseinon.

4 WELLFIELD CLOSE: Plot

4 WELLFIELD CLOSE sits on a plot of roughly 0.089 of an acre, or 362m².

Where is 4 WELLFIELD CLOSE?

4 WELLFIELD CLOSE is located in GORSEINON, in the SA4 postcode district.