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
243 NEW ROAD is a midsized extended detached house of 102m², built sometime before 1900. It was last sold for £176,500 in March 2023, which was around 32% below the average March 2023 detached price in the Neath Port Talbot local authority area. The most recent EPC inspection was July 2014, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows five sales for 243 NEW ROAD since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Neath Port Talbot local authority area for the corresponding sale date. All of the five 243 NEW ROAD 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 |
---|---|---|---|
2023 28 MAR | £176,500 | £258,533 | 32% below HPI |
2020 30 OCT | £167,950 | £195,516 | 14% below HPI |
2019 1 MAR | £158,000 | £173,353 | 9% below HPI |
2002 22 NOV | £37,050 | £76,659 | 52% below HPI |
1996 15 NOV | £31,000 | £55,017 | 44% 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 five 243 NEW ROAD sales between November 1996 and March 2023 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 2020 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the March 2023 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.
243 NEW ROAD is 102m², which includes one extension, according to the EPC inspection conducted in July 2014. This puts it in the smallest 50% of detached houses in Neath, based on EPC data. The below chart shows the distribution of detached houses by size in Neath, and where 243 NEW ROAD lies on this distribution: 41% of detached houses are smaller than 243 NEW ROAD, and 58% of houses are larger. Note that EPC data is not available for all properties in Neath.
243 NEW ROAD sits on a plot of roughly 0.095 of an acre, or 385m². The below map shows the location of 243 NEW ROAD, 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 243 NEW ROAD). 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.
243 NEW ROAD is located in SKEWEN, in the SA10 postcode district. The below map shows the position of No. 243 on NEW ROAD.