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
23 THE PROMENADE is a very large extended detached house of 175m², built sometime between 1900 and 1929. It was last sold for £241,500 in April 2022, which was around 19% below the average April 2022 detached price in the Swansea local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 23 THE PROMENADE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Swansea local authority area for the corresponding sale date. All of the four 23 THE PROMENADE 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 |
---|---|---|---|
2022 8 APR | £241,500 | £296,732 | 19% below HPI |
2007 26 OCT | £200,000 | £220,731 | 9% below HPI |
2006 14 JUL | £195,000 | £201,519 | 3% below HPI |
2000 11 SEP | £90,000 | £90,858 | 1% below HPI |
The below graph shows the average detached house price in the Swansea local authority area over time, sourced from the HPI. The four 23 THE PROMENADE sales between September 2000 and April 2022 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 2007 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the April 2022 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.
23 THE PROMENADE is 175m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the largest 20% of detached houses in Swansea, based on EPC data. The below chart shows the distribution of detached houses by size in Swansea, and where 23 THE PROMENADE lies on this distribution: 86% of detached houses are smaller than 23 THE PROMENADE, and 13% of houses are larger. Note that EPC data is not available for all properties in Swansea.
23 THE PROMENADE sits on a plot of roughly 0.047 of an acre, or 191m². The below map shows the location of 23 THE PROMENADE, 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 23 THE PROMENADE). 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.
23 THE PROMENADE is located in SWANSEA, in the SA1 postcode district. The below map shows the position of No. 23 on THE PROMENADE.