16, REDWOOD CLOSE, NEATH, SA10 7US - £148,000

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.

16 REDWOOD CLOSE is a very small detached house of 64m², built sometime between 1967 and 1975, which could now be worth an estimated £253,409. It was last sold for £148,000 in December 2014, which was around 1% above the average December 2014 detached price in the Neath Port Talbot local authority area. The most recent EPC inspection was May 2012, where the current energy rating was C, and the potential energy rating was B.

16 REDWOOD CLOSE Sold Prices

Land registry data shows two sales for 16 REDWOOD CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Neath Port Talbot local authority area for the corresponding sale date. One of the two 16 REDWOOD CLOSE sales was for above the average price, whilst the other was 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
2014 16 DEC	£148,000	£146,061	1% above HPI
2010 30 JUL	£121,200	£138,630	13% below HPI

16 REDWOOD CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Neath Port Talbot local authority area over time, sourced from the HPI. The two 16 REDWOOD CLOSE sales from July 2010 and December 2014 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 July 2010 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the December 2014 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 16 REDWOOD CLOSE be worth now?

16 REDWOOD CLOSE might now be worth an estimated £253,409.

This is based on house price inflation of 71.2%, between December 2014 and February 2025, for detached houses, in the Neath Port Talbot local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 71.2% inflationary increase is applied to the most recent sale price for 16 REDWOOD CLOSE of £148,000 on 16th December 2014. For the value to have increased from £148,000 to £253,409 over the eleven years and ten months to February 2025, the following assumptions must hold true:

• The value of 16 REDWOOD CLOSE has moved in line with the HPI for detached houses in the Neath Port Talbot local authority area.
• The December 2014 sale price of £148,000 represented a fair market value for the property.
• The size, condition, and specification of 16 REDWOOD CLOSE has not materially changed since December 2014.

How Large is 16 REDWOOD CLOSE?

16 REDWOOD CLOSE is 64m² according to the EPC inspection conducted in May 2012. This puts it in the smallest 10% of detached houses houses in Neath, based on EPC data. The below chart shows the distribution of detached houses houses by size in Neath, and where 16 REDWOOD CLOSE lies on this distribution: 3% of detached houses houses are smaller than 16 REDWOOD CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Neath.

16 REDWOOD CLOSE: Plot and Title Map

16 REDWOOD CLOSE sits on a plot of roughly 0.074 of an acre, or 300m². The below map shows the location of 16 REDWOOD CLOSE, 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 16 REDWOOD CLOSE). 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 16 REDWOOD CLOSE?

16 REDWOOD CLOSE is located in NEATH, in the SA10 postcode district. The below map shows the position of No. 16 on REDWOOD CLOSE.