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

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.

2 WOODLANDS TERRACE is a very small extended detached house of 61m², built sometime between 1930 and 1949, which could now be worth an estimated £159,723. It was last sold for £138,000 in October 2021, which was around 36% 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	£216,076	36% below HPI
2015 15 OCT	£84,000	£148,454	43% 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 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the October 2021 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 2 WOODLANDS TERRACE be worth now?

2 WOODLANDS TERRACE might now be worth an estimated £159,723.

This is based on house price inflation of 15.7%, between October 2021 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 15.7% inflationary increase is applied to the most recent sale price for 2 WOODLANDS TERRACE of £138,000 on 28th October 2021. For the value to have increased from £138,000 to £159,723 over the four years and eight months to February 2025, the following assumptions must hold true:

• The value of 2 WOODLANDS TERRACE has moved in line with the HPI for detached houses in the Neath Port Talbot local authority area.
• The October 2021 sale price of £138,000 represented a fair market value for the property.
• The size, condition, and specification of 2 WOODLANDS TERRACE has not materially changed since October 2021.

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 houses in Resolven, based on EPC data. The below chart shows the distribution of detached houses houses by size in Resolven, and where 2 WOODLANDS TERRACE lies on this distribution: Less than 1% of detached houses 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.