2, WOODLANDS TERRACE, RESOLVEN, NEATH, SA11 4NG - £138,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

2 WOODLANDS TERRACE is a very small extended detached house of 61m², built sometime between 1930 and 1949. It was last sold for £138,000 in October 2021, which was around 39% below the average October 2021 detached price in the Neath Port Talbot local authority area. The most recent EPC inspection was June 2016, where the current energy rating was F, and the potential energy rating was C.

2 WOODLANDS TERRACE Sold Prices

Land registry data shows two sales for 2 WOODLANDS TERRACE 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. Both of the two 2 WOODLANDS TERRACE 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
2021 28 OCT	£138,000	£224,831	39% below HPI
2015 15 OCT	£84,000	£154,469	46% below HPI

2 WOODLANDS TERRACE 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 2 WOODLANDS TERRACE sales from October 2015 and October 2021 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 October 2015 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the October 2021 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 2 WOODLANDS TERRACE?

2 WOODLANDS TERRACE is 61m², which includes one extension, according to the EPC inspection conducted in June 2016. This puts it in the smallest 10% of detached houses in Resolven, based on EPC data. The below chart shows the distribution of detached houses by size in Resolven, and where 2 WOODLANDS TERRACE lies on this distribution: Less than 1% of detached houses are smaller than 2 WOODLANDS TERRACE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Resolven.

2 WOODLANDS TERRACE: Plot and Title Map

2 WOODLANDS TERRACE sits on a plot of roughly 0.100 of an acre, or 405m². The below map shows the location of 2 WOODLANDS TERRACE, 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 WOODLANDS TERRACE). 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 WOODLANDS TERRACE?

2 WOODLANDS TERRACE is located in RESOLVEN, in the SA11 postcode district. The below map shows the position of No. 2 on WOODLANDS TERRACE.