4, MEGAN CLOSE, GORSEINON, SWANSEA, SA4 4PS - £210,000

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.

4 MEGAN CLOSE is a midsized extended detached house of 98m², built sometime between 1991 and 1995, which could now be worth an estimated £253,161. It was last sold for £210,000 in December 2020, which was around 20% below the average December 2020 detached price in the Swansea local authority area. The most recent EPC inspection was November 2020, where the current energy rating was D, and the potential energy rating was B.

4 MEGAN CLOSE Sold Prices

Land registry data shows four sales for 4 MEGAN CLOSE since 1^st 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 4 MEGAN CLOSE 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
2020 16 DEC	£210,000	£261,656	20% below HPI
2010 27 OCT	£135,000	£202,844	33% below HPI
2002 29 JAN	£86,000	£96,612	11% below HPI
1999 22 OCT	£77,500	£85,088	9% below HPI

4 MEGAN CLOSE 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 four 4 MEGAN CLOSE sales between October 1999 and December 2020 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 2010 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the December 2020 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 4 MEGAN CLOSE be worth now?

4 MEGAN CLOSE might now be worth an estimated £253,161.

This is based on house price inflation of 20.6%, between December 2020 and February 2025, for 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 20.6% inflationary increase is applied to the most recent sale price for 4 MEGAN CLOSE of £210,000 on 16th December 2020. For the value to have increased from £210,000 to £253,161 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 4 MEGAN CLOSE has moved in line with the HPI for detached houses in the Swansea local authority area.
• The December 2020 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 4 MEGAN CLOSE has not materially changed since December 2020.

How Large is 4 MEGAN CLOSE?

4 MEGAN CLOSE is 98m², which includes one extension, according to the EPC inspection conducted in November 2020. This puts it in the smallest 50% of detached houses houses in Gorseinon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gorseinon, and where 4 MEGAN CLOSE lies on this distribution: 41% of detached houses houses are smaller than 4 MEGAN CLOSE, and 58% of houses are larger. Note that EPC data is not available for all properties in Gorseinon.

4 MEGAN CLOSE: Plot and Title Map

4 MEGAN CLOSE sits on a plot of roughly 0.112 of an acre, or 453m². The below map shows the location of 4 MEGAN CLOSE, 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 4 MEGAN CLOSE). 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 4 MEGAN CLOSE?

4 MEGAN CLOSE is located in GORSEINON, in the SA4 postcode district. The below map shows the position of No. 4 on MEGAN CLOSE.