3, PENYBANC LANE, GORSEINON, SWANSEA, SA4 4FZ - £180,000

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.

3 PENYBANC LANE is a very small semi-detached house of 69m², built sometime between 1967 and 1975, which could now be worth an estimated £198,911. It was last sold for £180,000 in July 2023, which was around 7% below the average July 2023 semi-detached price in the Swansea local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was B.

3 PENYBANC LANE Sold Prices

Land registry data shows two sales for 3 PENYBANC LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Swansea local authority area for the corresponding sale date. Both of the two 3 PENYBANC LANE 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 14 JUL	£180,000	£193,267	7% below HPI
1999 6 AUG	£47,000	£48,501	3% below HPI

3 PENYBANC LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Swansea local authority area over time, sourced from the HPI. The two 3 PENYBANC LANE sales from August 1999 and July 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 August 1999 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the July 2023 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 3 PENYBANC LANE be worth now?

3 PENYBANC LANE might now be worth an estimated £198,911.

This is based on house price inflation of 10.5%, between July 2023 and July 2025, for semi-detached houses, in the Swansea local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 10.5% inflationary increase is applied to the most recent sale price for 3 PENYBANC LANE of £180,000 on 14th July 2023. For the value to have increased from £180,000 to £198,911 over the two years to July 2025, the following assumptions must hold true:

• The value of 3 PENYBANC LANE has moved in line with the HPI for semi-detached houses in the Swansea local authority area.
• The July 2023 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 3 PENYBANC LANE has not materially changed since July 2023.

How Large is 3 PENYBANC LANE?

3 PENYBANC LANE is 69m² according to the EPC inspection conducted in June 2022. This puts it in the smallest 10% of semi-detached houses houses in Gorseinon, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Gorseinon, and where 3 PENYBANC LANE lies on this distribution: 7% of semi-detached houses houses are smaller than 3 PENYBANC LANE, and 93% of houses are larger. Note that EPC data is not available for all properties in Gorseinon.

3 PENYBANC LANE: Plot and Title Map

3 PENYBANC LANE sits on a plot of roughly 0.039 of an acre, or 157m². The below map shows the location of 3 PENYBANC LANE, 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 PENYBANC LANE). 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 PENYBANC LANE?

3 PENYBANC LANE is located in GORSEINON, in the SA4 postcode district. The below map shows the position of No. 3 on PENYBANC LANE.