3, CORMORANT WAY, WEST CROSS, SWANSEA, SA3 5RQ - £494,000

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

3 CORMORANT WAY is a very large extended detached house of 156m², built sometime between 1967 and 1975. It was last sold for £494,000 in June 2021, which was around 80% above the average June 2021 detached price in the Swansea local authority area. The most recent EPC inspection was January 2021, where the current energy rating was D, and the potential energy rating was B.

3 CORMORANT WAY Sold Prices

Land registry data shows two sales for 3 CORMORANT WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Swansea local authority area for the corresponding sale date. Both of the two 3 CORMORANT WAY sales were 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
2021 29 JUN	£494,000	£273,788	80% above HPI
2002 25 SEP	£179,000	£108,293	65% above HPI

3 CORMORANT WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Swansea local authority area over time, sourced from the HPI. The two 3 CORMORANT WAY sales from September 2002 and June 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 September 2002 sale was for 65% above the HPI. So the extrapolation line tracks at 65% above the HPI over time, until the June 2021 sale, where it rises to 80% above the HPI. The line then continues to track at 80% above the HPI.

How Large is 3 CORMORANT WAY?

3 CORMORANT WAY is 156m², which includes three extensions, according to the EPC inspection conducted in January 2021. 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 3 CORMORANT WAY lies on this distribution: 81% of detached houses are smaller than 3 CORMORANT WAY, and 19% of houses are larger. Note that EPC data is not available for all properties in Swansea.

3 CORMORANT WAY: Plot and Title Map

3 CORMORANT WAY sits on a plot of roughly 0.166 of an acre, or 672m². The below map shows the location of 3 CORMORANT WAY, 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 3 CORMORANT WAY). 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 3 CORMORANT WAY?

3 CORMORANT WAY is located in WEST CROSS, in the SA3 postcode district. The below map shows the position of No. 3 on CORMORANT WAY.