Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
2 LIBRARY LANE is a very small detached house of 62m², built sometime between 1996 and 2002. It was last sold for £87,000 in October 2014, which was around 43% below the average October 2014 detached price in the Neath Port Talbot local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 2 LIBRARY LANE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Neath Port Talbot local authority area for the corresponding sale date. All of the three 2 LIBRARY LANE 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 |
---|---|---|---|
2014 21 OCT | £87,000 | £152,900 | 43% below HPI |
2000 18 FEB | £44,000 | £65,721 | 33% below HPI |
1996 9 SEP | £45,000 | £56,276 | 20% below HPI |
The below graph shows the average detached house price in the Neath Port Talbot local authority area over time, sourced from the HPI. The three 2 LIBRARY LANE sales between September 1996 and October 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 February 2000 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the October 2014 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.
2 LIBRARY LANE is 62m² according to the EPC inspection conducted in May 2011. This puts it in the smallest 10% of detached houses in Port Talbot, based on EPC data. The below chart shows the distribution of detached houses by size in Port Talbot, and where 2 LIBRARY LANE lies on this distribution: 7% of detached houses are smaller than 2 LIBRARY LANE, and 93% of houses are larger. Note that EPC data is not available for all properties in Port Talbot.
2 LIBRARY LANE sits on a plot of roughly 0.049 of an acre, or 198m². The below map shows the location of 2 LIBRARY LANE, 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 2 LIBRARY LANE). 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.
2 LIBRARY LANE is located in PORT TALBOT, in the SA13 postcode district. The below map shows the position of No. 2 on LIBRARY LANE.