2, VENABLES CLOSE, FFORESTFACH, SWANSEA, SA5 5BY - £178,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 VENABLES CLOSE is a very small semi-detached house of 78m², built sometime between 1967 and 1975, which could now be worth an estimated £186,752. It was last sold for £178,000 in February 2024, which was around 10% below the average February 2024 semi-detached price in the Swansea local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was B.

2 VENABLES CLOSE Sold Prices

Land registry data shows two sales for 2 VENABLES CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Swansea local authority area for the corresponding sale date. One of the two 2 VENABLES CLOSE sales was for below the average price, whilst the other was for above 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
2024 16 FEB	£178,000	£196,836	10% below HPI
1998 2 NOV	£49,000	£46,152	6% above HPI

2 VENABLES CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Swansea local authority area over time, sourced from the HPI. The two 2 VENABLES CLOSE sales from November 1998 and February 2024 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 November 1998 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the February 2024 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 2 VENABLES CLOSE be worth now?

2 VENABLES CLOSE might now be worth an estimated £186,752.

This is based on house price inflation of 4.9%, between February 2024 and December 2024, for semi-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 4.9% inflationary increase is applied to the most recent sale price for 2 VENABLES CLOSE of £178,000 on 16th February 2024. For the value to have increased from £178,000 to £186,752 over the two months to December 2024, the following assumptions must hold true:

• The value of 2 VENABLES CLOSE has moved in line with the HPI for semi-detached houses in the Swansea local authority area.
• The February 2024 sale price of £178,000 represented a fair market value for the property.
• The size, condition, and specification of 2 VENABLES CLOSE has not materially changed since February 2024.

How Large is 2 VENABLES CLOSE?

2 VENABLES CLOSE is 78m² according to the EPC inspection conducted in June 2023. This puts it in the smallest 20% of semi-detached houses houses in Swansea, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Swansea, and where 2 VENABLES CLOSE lies on this distribution: 13% of semi-detached houses houses are smaller than 2 VENABLES CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Swansea.

2 VENABLES CLOSE: Plot and Title Map

2 VENABLES CLOSE sits on a plot of roughly 0.090 of an acre, or 363m². The below map shows the location of 2 VENABLES 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 2 VENABLES 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 2 VENABLES CLOSE?

2 VENABLES CLOSE is located in FFORESTFACH, in the SA5 postcode district. The below map shows the position of No. 2 on VENABLES CLOSE.